Analysts Set Anglo American plc (LON:AAL) Price Target at GBX 2,731.43

Anglo American plc (LON:AAL) has been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,731.43.

A number of equities research analysts have recently commented on the company. UBS Group reissued a “buy” rating and issued a GBX 3,500 target price on shares of Anglo American in a research note on Friday, January 23rd. Berenberg Bank upped their price target on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Panmure Gordon restated a “hold” rating and set a GBX 2,500 price objective on shares of Anglo American in a research note on Sunday, December 14th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Anglo American from GBX 2,760 to GBX 3,220 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd.

Insider Activity

In other Anglo American news, insider Marcelo Bastos acquired 870 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average cost of GBX 2,838 per share, with a total value of £24,690.60. Also, insider Nonkululeko Nyembezi bought 246 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were acquired at an average price of GBX 2,882 per share, for a total transaction of £7,089.72. Insiders have purchased 2,017 shares of company stock valued at $5,773,639 in the last quarter. Insiders own 0.37% of the company’s stock.

Anglo American Stock Performance

Shares of AAL opened at GBX 3,381.55 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The stock has a market cap of £36.09 billion, a P/E ratio of -8.66, a P/E/G ratio of 2.05 and a beta of 1.10. The business’s 50 day moving average price is GBX 3,068 and its 200-day moving average price is GBX 2,716. Anglo American has a 52 week low of GBX 1,900.01 and a 52 week high of GBX 3,661.

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.