Anglo American plc (LON:AAL) Given Average Recommendation of “Moderate Buy” by Analysts

Anglo American plc (LON:AAL) has earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 3,160.

A number of equities research analysts have issued reports on AAL shares. Panmure Gordon reaffirmed a “hold” rating and set a GBX 2,500 price objective on shares of Anglo American in a report on Sunday, December 14th. JPMorgan Chase & Co. boosted 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. UBS Group restated a “buy” rating and set a GBX 3,500 target price on shares of Anglo American in a research report on Friday, January 23rd. Berenberg Bank cut their target price on shares of Anglo American from GBX 4,200 to GBX 3,900 and set a “buy” rating for the company in a research note on Thursday, March 5th. Finally, Citigroup upgraded shares of Anglo American to a “buy” rating and lifted their price target for the company from GBX 3,300 to GBX 4,500 in a report on Monday, February 2nd.

Insider Buying and Selling at Anglo American

In related news, insider Stuart J. Chambers acquired 609 shares of Anglo American stock in a transaction on Monday, December 22nd. The shares were bought at an average cost of GBX 2,882 per share, with a total value of £17,551.38. Also, insider Anne Wade bought 525 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were bought at an average cost of GBX 3,050 per share, for a total transaction of £16,012.50. Over the last three months, insiders have purchased 1,662 shares of company stock worth $4,879,749. Company insiders own 0.43% of the company’s stock.

Anglo American Price Performance

Shares of LON:AAL opened at GBX 3,079 on Thursday. The company has a market capitalization of £32.86 billion, a P/E ratio of -9.33, a P/E/G ratio of 2.05 and a beta of 0.90. Anglo American has a 1-year low of GBX 1,900.01 and a 1-year high of GBX 3,877. The firm’s 50 day simple moving average is GBX 3,423.01 and its two-hundred day simple moving average is GBX 3,016.29. The company has a debt-to-equity ratio of 91.60, a current ratio of 1.98 and a quick ratio of 1.28.

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.