Anglo American plc (LON:AAL) Given Consensus Rating of “Hold” by Analysts

Anglo American plc (LON:AAL) has been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 3,681.25.

Several equities research analysts recently issued reports on AAL shares. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Berenberg Bank reissued a “hold” rating and set a GBX 4,200 target price on shares of Anglo American in a report on Thursday, June 18th. JPMorgan Chase & Co. raised their target price on Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research report on Friday, July 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 target price on shares of Anglo American in a report on Tuesday, June 9th.

Insider Activity at Anglo American

In other news, insider Stuart J. Chambers purchased 487 shares of the stock in a transaction on Tuesday, June 23rd. The stock was purchased at an average price of GBX 3,725 per share, for a total transaction of £18,140.75. Also, insider Nonkululeko Nyembezi purchased 194 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was purchased at an average price of GBX 3,725 per share, for a total transaction of £7,226.50. Insiders have purchased 912 shares of company stock worth $3,399,843 over the last ninety days. Insiders own 0.43% of the company’s stock.

Anglo American Stock Up 1.8%

AAL stock opened at GBX 3,426.08 on Wednesday. The firm has a 50-day moving average price of GBX 3,796.97 and a 200-day moving average price of GBX 3,553.20. Anglo American has a 12 month low of GBX 2,042 and a 12 month high of GBX 4,239. The company has a current ratio of 1.98, a quick ratio of 1.27 and a debt-to-equity ratio of 86.09. The stock has a market capitalization of £36.71 billion, a P/E ratio of -10.38, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97.

About Anglo American

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.