Stuart Chambers Buys 609 Shares of Anglo American (LON:AAL) Stock

Anglo American plc (LON:AAL) insider Stuart Chambers acquired 609 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were bought at an average price of GBX 2,882 per share, with a total value of £17,551.38.

Anglo American Price Performance

LON:AAL opened at GBX 3,012 on Thursday. Anglo American plc has a 12-month low of GBX 1,900.01 and a 12-month high of GBX 3,051. The firm has a market cap of £32.15 billion, a price-to-earnings ratio of -7.72, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company’s 50-day moving average is GBX 2,855.93 and its two-hundred day moving average is GBX 2,518.24. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 78.84.

Analysts Set New Price Targets

Several brokerages have weighed in on AAL. Panmure Gordon reiterated a “hold” rating and issued a GBX 2,500 price target on shares of Anglo American in a report on Sunday, December 14th. JPMorgan Chase & Co. lifted their price objective on Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Berenberg Bank upped their target price on Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a research note on Thursday, October 30th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 2,603.33.

Anglo American Company Profile

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.