Brokerages Set Anglo American plc (LON:AAL) Price Target at GBX 2,715

Anglo American plc (LON:AAL) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,715 ($35.25).

A number of equities analysts recently commented on AAL shares. JPMorgan Chase & Co. lowered their target price on Anglo American from GBX 2,735 ($35.51) to GBX 2,590 ($33.63) and set an “overweight” rating for the company in a report on Wednesday, July 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Anglo American from GBX 2,900 ($37.65) to GBX 2,700 ($35.06) and set a “buy” rating for the company in a research note on Monday, September 9th. Finally, Berenberg Bank reissued a “sell” rating and set a GBX 2,100 ($27.27) target price on shares of Anglo American in a research report on Friday, July 26th.

Anglo American Stock Performance

LON AAL opened at GBX 2,390.50 ($31.04) on Tuesday. Anglo American has a fifty-two week low of GBX 1,630 ($21.16) and a fifty-two week high of GBX 2,813 ($36.52). The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98. The stock’s fifty day moving average is GBX 2,243.95 and its two-hundred day moving average is GBX 2,343.93. The firm has a market capitalization of £28.93 billion, a P/E ratio of -2,298.56, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling

In related news, insider Marcelo Bastos bought 1,200 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was bought at an average price of GBX 2,131 ($27.67) per share, with a total value of £25,572 ($33,201.77). In the last ninety days, insiders have bought 1,214 shares of company stock valued at $2,587,244. 9.78% of the stock is currently owned by company insiders.

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.