Anglo American plc (LON:AAL) Given Consensus Rating of “Hold” by Brokerages

Anglo American plc (LON:AAL) has been assigned a consensus rating of “Hold” from the five research firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 2,624.

A number of analysts have issued reports on AAL shares. Berenberg Bank lifted their price target on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. raised their price objective on Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd.

Insider Transactions at Anglo American

In other news, insider Stuart J. Chambers acquired 642 shares of the firm’s stock in a transaction dated Monday, September 29th. The shares were acquired at an average cost of GBX 2,731 per share, with a total value of £17,533.02. Also, insider Marcelo Bastos bought 870 shares of the stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average price of GBX 2,838 per share, with a total value of £24,690.60. In the last quarter, insiders acquired 2,054 shares of company stock worth $5,702,472. 0.43% of the stock is owned by insiders.

Anglo American Trading Down 2.3%

Shares of AAL stock opened at GBX 2,930 on Tuesday. Anglo American has a 52-week low of GBX 1,900.01 and a 52-week high of GBX 3,051. 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 firm has a market capitalization of £31.27 billion, a PE ratio of -7.51, a PEG ratio of 2.05 and a beta of 1.10. The stock has a fifty day simple moving average of GBX 2,845.05 and a two-hundred day simple moving average of GBX 2,461.84.

About Anglo American

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.