Analysts Set Anglo American plc (LON:AAL) Price Target at GBX 2,715

Anglo American plc (LON:AAL) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 2,715 ($33.87).

Several equities research analysts recently weighed in on the company. Citigroup reissued a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($26.20) target price on shares of Anglo American in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd.

Insider Activity

In other news, insider Nonkululeko Nyembezi bought 297 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of GBX 2,348 ($29.29) per share, with a total value of £6,973.56 ($8,699.55). Insiders own 9.78% of the company’s stock.

Anglo American Stock Performance

Shares of Anglo American stock opened at GBX 2,369.50 ($29.56) on Friday. The company’s 50 day moving average price is GBX 2,395.22 and its two-hundred day moving average price is GBX 2,330.12. The firm has a market capitalization of £28.67 billion, a P/E ratio of -2,278.37, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American has a fifty-two week low of GBX 1,657.60 ($20.68) and a fifty-two week high of GBX 2,813 ($35.09). The company has a debt-to-equity ratio of 62.94, 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 and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.