Anglo American (LON:AAL) Given Top Pick Rating at Citigroup

Citigroup restated their top pick rating on shares of Anglo American (LON:AAL) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports.

Other equities research analysts also recently issued reports about the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank reissued a “sell” rating and issued a GBX 2,100 ($26.51) target price on shares of Anglo American in a research report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Anglo American from GBX 2,900 ($36.60) to GBX 2,700 ($34.08) and set a “buy” rating on the stock in a report on Monday, September 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 2,715 ($34.27).

Anglo American Trading Down 2.5 %

LON AAL opened at GBX 2,460.50 ($31.06) on Thursday. 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 1-year low of GBX 1,657.60 ($20.92) and a 1-year high of GBX 2,813 ($35.50). The firm’s fifty day simple moving average is GBX 2,391.98 and its 200-day simple moving average is GBX 2,354.85. The company has a market capitalization of £29.77 billion, a PE ratio of -2,365.87, 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 bought 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 ($26.90) per share, with a total value of £25,572 ($32,275.65). Insiders acquired a total of 1,214 shares of company stock worth $2,587,104 in the last 90 days. 9.78% of the stock is owned by company insiders.

Anglo American Company Profile

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.