Anglo American plc (LON:AAL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Anglo American plc (LON:AAL) has been assigned an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 2,715 ($34.69).

A number of equities research analysts have recently commented on AAL shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($26.83) target price on shares of Anglo American in a research note on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Anglo American from GBX 2,900 ($37.05) to GBX 2,700 ($34.50) and set a “buy” rating for the company in a research note on Monday, September 9th.

Anglo American Stock Performance

Shares of Anglo American stock opened at GBX 2,505 ($32.00) on Wednesday. The business’s fifty day simple moving average is GBX 2,381.34 and its 200 day simple moving average is GBX 2,354.05. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. Anglo American has a 12 month low of GBX 1,647.80 ($21.05) and a 12 month high of GBX 2,813 ($35.94). The firm has a market capitalization of £30.31 billion, a P/E ratio of -2,408.65, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10.

Insider Activity at Anglo American

In related news, insider Marcelo Bastos acquired 1,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were acquired at an average price of GBX 2,131 ($27.23) per share, with a total value of £25,572 ($32,671.52). In the last ninety days, insiders have acquired 1,214 shares of company stock worth $2,587,104. 9.78% of the stock is owned by corporate insiders.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.