Anglo American plc (LON:AAL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Anglo American plc (LON:AAL) have been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 3,045.71.

Several equities research analysts have recently commented on AAL shares. Panmure Gordon reissued a “hold” rating and issued a GBX 2,500 target price on shares of Anglo American in a research note on Sunday, December 14th. UBS Group reiterated a “buy” rating and issued a GBX 3,500 price target on shares of Anglo American in a report on Friday, January 23rd. JPMorgan Chase & Co. boosted their price objective on Anglo American from GBX 2,760 to GBX 3,220 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Berenberg Bank upped their target price on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Citigroup upgraded shares of Anglo American to a “buy” rating and lifted their price target for the stock from GBX 3,300 to GBX 4,500 in a research report on Monday, February 2nd.

Anglo American Price Performance

AAL opened at GBX 3,618.41 on Friday. The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28. The stock has a market capitalization of £38.62 billion, a P/E ratio of -9.27, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company’s 50 day simple moving average is GBX 3,279.29 and its 200-day simple moving average is GBX 2,861.11. Anglo American has a one year low of GBX 1,900.01 and a one year high of GBX 3,754.

Insider Activity

In related news, insider Nonkululeko Nyembezi purchased 246 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were bought at an average price of GBX 2,882 per share, with a total value of £7,089.72. Also, insider Magali Anderson purchased 273 shares of Anglo American stock in a transaction dated Monday, December 22nd. The stock was bought at an average price of GBX 2,882 per share, for a total transaction of £7,867.86. Insiders have purchased a total of 1,138 shares of company stock valued at $3,279,316 in the last 90 days. 0.37% of the stock is owned by company insiders.

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.