Anglo American (LON:AAL) Price Target Lowered to GBX 1,900 at Royal Bank Of Canada

Anglo American (LON:AAL) had its price target reduced by Royal Bank Of Canada from GBX 2,000 ($26.58) to GBX 1,900 ($25.25) in a research note issued to investors on Monday, MarketBeat.com reports. They currently have a sector perform rating on the mining company’s stock.

Several other research firms also recently weighed in on AAL. Berenberg Bank reiterated a “sell” rating and set a GBX 1,900 ($25.25) target price on shares of Anglo American in a research report on Thursday, July 24th. Citigroup boosted their price objective on Anglo American from GBX 2,200 ($29.24) to GBX 2,300 ($30.57) and gave the company a “neutral” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. boosted their price objective on Anglo American from GBX 1,932 ($25.68) to GBX 2,080 ($27.64) and gave the company a “neutral” rating in a research report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,600 ($34.56) price objective on shares of Anglo American in a research report on Monday, July 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Anglo American has an average rating of “Hold” and a consensus price target of GBX 2,156 ($28.65).

Anglo American Price Performance

LON AAL opened at GBX 2,074.50 ($27.57) on Monday. The company has a market capitalization of £31.55 billion, a PE ratio of -19.10, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. The business’s fifty day moving average is GBX 2,191.36 and its 200 day moving average is GBX 2,222.92. Anglo American has a fifty-two week low of GBX 1,900.01 ($25.25) and a fifty-two week high of GBX 2,999.77 ($39.87).

Insider Buying and Selling

In other news, insider Stuart J. Chambers bought 859 shares of the firm’s stock in a transaction that occurred on Wednesday, June 25th. The shares were bought at an average cost of GBX 2,044 ($27.17) per share, for a total transaction of £17,557.96 ($23,335.94). Also, insider Magali Anderson bought 341 shares of the firm’s stock in a transaction that occurred on Wednesday, June 25th. The stock was purchased at an average price of GBX 2,044 ($27.17) per share, for a total transaction of £6,970.04 ($9,263.74). Over the last three months, insiders have bought 1,579 shares of company stock worth $3,232,235. Corporate insiders own 9.78% of the company’s stock.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.