JPMorgan Chase & Co. Reaffirms Neutral Rating for Anglo American (LON:AAL)

Anglo American (LON:AAL)‘s stock had its “neutral” rating restated by analysts at JPMorgan Chase & Co. in a report issued on Friday, MarketBeat Ratings reports.

Several other equities analysts also recently weighed in on AAL. Deutsche Bank Aktiengesellschaft lowered their target price on Anglo American from GBX 2,900 ($36.35) to GBX 2,700 ($33.85) and set a “buy” rating on the stock in a research report on Monday, September 9th. Berenberg Bank reiterated a “sell” rating and set a GBX 2,100 ($26.33) target price on shares of Anglo American in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,715 ($34.04).

Anglo American Stock Performance

Shares of AAL opened at GBX 2,359 ($29.57) on Friday. The firm has a market capitalization of £28.54 billion, a P/E ratio of -2,268.27, a PEG ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The business has a fifty day moving average of GBX 2,306.32 and a 200 day moving average of GBX 2,369.69. Anglo American has a one year low of GBX 1,630 ($20.43) and a one year high of GBX 2,813 ($35.26).

Insider Activity

In other news, insider Marcelo Bastos bought 1,200 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were bought at an average cost of GBX 2,131 ($26.71) per share, for a total transaction of £25,572 ($32,057.16). Insiders have acquired 1,214 shares of company stock worth $2,587,104 over the last ninety days. Corporate insiders own 9.78% of the company’s stock.

Anglo American Company Profile

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.