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

Anglo American plc (LON:AAL) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,715 ($33.73).

A number of research analysts have issued reports on AAL shares. Berenberg Bank reiterated a “sell” rating and set a GBX 2,100 ($26.09) price target on shares of Anglo American in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Anglo American from GBX 2,900 ($36.02) to GBX 2,700 ($33.54) and set a “buy” rating for the company in a report on Monday, September 9th. Citigroup reissued a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd.

Insider Transactions at Anglo American

In related news, insider Nonkululeko Nyembezi bought 297 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were bought at an average cost of GBX 2,348 ($29.17) per share, with a total value of £6,973.56 ($8,662.81). Corporate insiders own 9.78% of the company’s stock.

Anglo American Stock Performance

Shares of LON AAL opened at GBX 2,346.50 ($29.15) on Friday. Anglo American has a 12-month low of GBX 1,657.60 ($20.59) and a 12-month high of GBX 2,813 ($34.94). The company has a market cap of £28.39 billion, a PE ratio of -2,256.25, a P/E/G ratio of 2.05 and a beta of 1.10. The stock has a 50 day simple moving average of GBX 2,394.96 and a 200-day simple moving average of GBX 2,331.05. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94.

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.