Anglo American’s (AAL) Sell Rating Reaffirmed at Berenberg Bank

Anglo American (LON:AAL)‘s stock had its “sell” rating reissued by analysts at Berenberg Bank in a research report issued to clients and investors on Monday, MarketBeat reports. They currently have a GBX 2,000 ($25.86) price objective on the mining company’s stock. Berenberg Bank’s price objective indicates a potential downside of 6.65% from the company’s current price.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. raised their price target on Anglo American from GBX 2,160 ($27.93) to GBX 2,190 ($28.31) and gave the stock a “neutral” rating in a report on Wednesday, February 19th. Citigroup restated a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Anglo American has a consensus rating of “Moderate Buy” and an average target price of GBX 2,681.67 ($34.67).

Anglo American Stock Down 0.1 %

Anglo American stock opened at GBX 2,142.50 ($27.70) on Monday. The firm has a 50 day simple moving average of GBX 2,373.27 and a 200 day simple moving average of GBX 2,357.61. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 78.84. Anglo American has a 1-year low of GBX 1,960.60 ($25.35) and a 1-year high of GBX 2,813 ($36.37). The firm has a market capitalization of £32.58 billion, a price-to-earnings ratio of -19.73, a P/E/G ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling

In related news, insider Duncan Wanblad sold 22,708 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.87), for a total value of £542,267.04 ($701,056.29). 9.78% of the stock is currently owned by company insiders.

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.