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

Shares of Anglo American plc (LON:AAL) have received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 2,698.33 ($34.15).

AAL has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised their target price on Anglo American from GBX 2,160 ($27.33) to GBX 2,190 ($27.71) and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th. Finally, Berenberg Bank restated a “sell” rating and issued a GBX 2,100 ($26.58) price objective on shares of Anglo American in a report on Tuesday, February 18th.

Insider Transactions at Anglo American

In other news, insider Nonkululeko Nyembezi bought 297 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of GBX 2,348 ($29.71) per share, with a total value of £6,973.56 ($8,825.06). Insiders own 9.78% of the company’s stock.

Anglo American Price Performance

Shares of Anglo American stock opened at GBX 2,440 ($30.88) on Monday. The company’s fifty day simple moving average is GBX 2,422.88 and its two-hundred day simple moving average is GBX 2,344.01. Anglo American has a 12-month low of GBX 1,657.60 ($20.98) and a 12-month high of GBX 2,813 ($35.60). The firm has a market cap of £37.11 billion, a PE ratio of -22.47, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84.

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.