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

Shares of Anglo American plc (LON:AAL) have been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 2,715 ($34.69).

A number of equities research analysts have weighed in on AAL shares. Deutsche Bank Aktiengesellschaft lowered their target price on Anglo American from GBX 2,900 ($37.05) to GBX 2,700 ($34.50) and set a “buy” rating for the company in a report on Monday, September 9th. Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.83) price objective on shares of Anglo American in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research report on Friday, November 22nd.

Insider Buying and Selling at Anglo American

In related news, insider Marcelo Bastos bought 1,200 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were bought at an average price of GBX 2,131 ($27.23) per share, for a total transaction of £25,572 ($32,671.52). In the last 90 days, insiders acquired 1,214 shares of company stock worth $2,587,104. 9.78% of the stock is owned by corporate insiders.

Anglo American Stock Performance

AAL stock opened at GBX 2,505 ($32.00) on Wednesday. The firm has a market cap of £30.31 billion, a PE ratio of -2,408.65, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. The stock has a 50-day moving average price of GBX 2,381.34 and a 200-day moving average price of GBX 2,354.05. Anglo American has a 1-year low of GBX 1,647.80 ($21.05) and a 1-year high of GBX 2,813 ($35.94).

About Anglo American

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.