Anglo American plc (LON:AAL) Receives GBX 2,698.33 Consensus Target Price from Brokerages

Anglo American plc (LON:AAL) has received an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,698.33 ($34.84).

Several equities research analysts recently weighed in on AAL shares. Citigroup reissued a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. JPMorgan Chase & Co. lifted their target price on Anglo American from GBX 2,160 ($27.89) to GBX 2,190 ($28.28) and gave the company a “neutral” rating in a report on Wednesday, February 19th. Finally, Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($27.12) target price on shares of Anglo American in a report on Tuesday, February 18th.

Insider Buying and Selling at Anglo American

In other news, insider Duncan Wanblad sold 22,708 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($30.84), for a total transaction of £542,267.04 ($700,241.53). Insiders own 9.78% of the company’s stock.

Anglo American Trading Down 3.0 %

Shares of AAL opened at GBX 2,256.25 ($29.14) on Friday. The business has a 50-day moving average of GBX 2,406.99 and a 200 day moving average of GBX 2,356.07. Anglo American has a fifty-two week low of GBX 1,882.20 ($24.31) and a fifty-two week high of GBX 2,813 ($36.32). The firm has a market cap of £34.31 billion, a P/E ratio of -20.78, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98.

About Anglo American

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.