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

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

Other research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft dropped their price target on Anglo American from GBX 2,900 ($36.51) to GBX 2,700 ($33.99) and set a “buy” rating on the stock in a research report on Monday, September 9th. Berenberg Bank reissued a “sell” rating and issued a GBX 2,100 ($26.44) price target 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 issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 2,715 ($34.18).

Anglo American Trading Up 1.2 %

Anglo American stock opened at GBX 2,378 ($29.94) on Friday. The company has a 50 day moving average price of GBX 2,294.66 and a 200 day moving average price of GBX 2,373.10. The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98. Anglo American has a 52 week low of GBX 1,630 ($20.52) and a 52 week high of GBX 2,813 ($35.41). The firm has a market capitalization of £28.77 billion, a price-to-earnings ratio of -2,288.46, a P/E/G ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling at Anglo American

In other news, insider Marcelo Bastos bought 1,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were purchased at an average price of GBX 2,131 ($26.83) per share, for a total transaction of £25,572 ($32,194.38). Insiders have purchased a total of 1,214 shares of company stock worth $2,587,104 over the last three months. 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.