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

Shares of Anglo American plc (LON:AAL) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,698.33 ($34.99).

Several brokerages recently issued reports on AAL. JPMorgan Chase & Co. increased their price objective on Anglo American from GBX 2,160 ($28.01) to GBX 2,190 ($28.40) and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($27.23) price target on shares of Anglo American in a report on Tuesday, February 18th. Finally, Citigroup reiterated a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th.

Anglo American Price Performance

Shares of LON:AAL opened at GBX 2,326.50 ($30.17) on Friday. The company has a market cap of £35.38 billion, a P/E ratio of -21.42, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company’s fifty day moving average is GBX 2,410.32 and its two-hundred day moving average is GBX 2,354.63. 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 has a 12-month low of GBX 1,882.20 ($24.41) and a 12-month high of GBX 2,813 ($36.48).

Insider Activity at Anglo American

In other Anglo American news, insider Duncan Wanblad sold 22,708 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.96), for a total transaction of £542,267.04 ($703,147.10). Insiders own 9.78% of the company’s stock.

About Anglo American

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.