Brokerages Set Anglo American plc (LON:AAL) PT at GBX 2,715

Anglo American plc (LON:AAL) has received an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,715 ($34.42).

AAL has been the subject of several recent analyst reports. Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($26.62) price objective on shares of Anglo American in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut their target price on Anglo American from GBX 2,900 ($36.76) to GBX 2,700 ($34.22) and set a “buy” rating for the company in a research report on Monday, September 9th.

Anglo American Stock Performance

Shares of AAL opened at GBX 2,318 ($29.38) on Friday. The firm has a market capitalization of £28.05 billion, a PE ratio of -2,228.85, a P/E/G ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94. The firm has a 50-day moving average price of GBX 2,285.36 and a 200 day moving average price of GBX 2,370.65. Anglo American has a 52-week low of GBX 1,630 ($20.66) and a 52-week high of GBX 2,813 ($35.66).

Insider Activity

In related news, insider Marcelo Bastos acquired 1,200 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were purchased at an average price of GBX 2,131 ($27.01) per share, for a total transaction of £25,572 ($32,414.75). In the last 90 days, insiders purchased 1,214 shares of company stock worth $2,587,104. Insiders own 9.78% of the company’s stock.

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.