Berenberg Bank Reaffirms Sell Rating for Anglo American (LON:AAL)

Anglo American (LON:AAL)‘s stock had its “sell” rating restated by research analysts at Berenberg Bank in a research note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 2,100 ($26.05) price target on the mining company’s stock. Berenberg Bank’s target price would suggest a potential downside of 14.95% from the company’s previous close.

Several other analysts also recently commented on AAL. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Citigroup reiterated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 2,715 ($33.68).

Anglo American Stock Performance

AAL stock opened at GBX 2,469 ($30.63) on Thursday. Anglo American has a twelve month low of GBX 1,657.60 ($20.56) and a twelve month high of GBX 2,813 ($34.90). The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94. The company has a market cap of £29.87 billion, a P/E ratio of -2,374.04, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The business’s fifty day moving average is GBX 2,432 and its 200-day moving average is GBX 2,333.60.

Insider Buying and Selling at Anglo American

In other news, insider Nonkululeko Nyembezi purchased 297 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average cost of GBX 2,348 ($29.13) per share, with a total value of £6,973.56 ($8,650.99). Corporate insiders own 9.78% of the company’s stock.

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.