Anglo American plc (LON:AAL) Receives GBX 2,715 Consensus PT from Analysts

Anglo American plc (LON:AAL) has been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,715 ($34.27).

AAL has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Anglo American from GBX 2,900 ($36.60) to GBX 2,700 ($34.08) and set a “buy” rating on the stock in a research report on Monday, September 9th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. Berenberg Bank reiterated a “sell” rating and set a GBX 2,100 ($26.51) price target on shares of Anglo American in a research note on Thursday, October 24th. Finally, Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a report on Thursday.

Insider Buying and Selling

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 purchased at an average price of GBX 2,131 ($26.90) per share, with a total value of £25,572 ($32,275.65). Over the last three months, insiders have acquired 1,214 shares of company stock worth $2,587,104. 9.78% of the stock is owned by insiders.

Anglo American Stock Down 2.5 %

Shares of LON AAL opened at GBX 2,460.50 ($31.06) on Wednesday. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. The stock has a market capitalization of £29.77 billion, a PE ratio of -2,365.87, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. Anglo American has a 12-month low of GBX 1,657.60 ($20.92) and a 12-month high of GBX 2,813 ($35.50). The stock’s fifty day simple moving average is GBX 2,391.56 and its two-hundred day simple moving average is GBX 2,356.53.

About Anglo American

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.