Anglo American (LON:AAL) Insider Purchases £18,138.82 in Stock

Anglo American plc (LON:AAL) insider Stuart Chambers bought 446 shares of Anglo American stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average price of GBX 4,067 per share, with a total value of £18,138.82.

Anglo American Stock Up 3.0%

Shares of LON:AAL opened at GBX 4,097 on Friday. The company has a market cap of £43.90 billion, a price-to-earnings ratio of -16.26, a PEG ratio of 2.05 and a beta of 0.99. The firm’s 50-day simple moving average is GBX 4,006.61 and its 200-day simple moving average is GBX 3,763.67. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. Anglo American plc has a fifty-two week low of GBX 2,639 and a fifty-two week high of GBX 4,348.

Wall Street Analysts Forecast Growth

AAL has been the topic of a number of analyst reports. Berenberg Bank lowered their price objective on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a report on Friday, July 24th. JPMorgan Chase & Co. increased their target price on Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a report on Friday, July 31st. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 5,000 price target on shares of Anglo American in a research note on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 3,921.43.

Anglo American Company Profile

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.