Analysts Set Anglo American plc (LON:AAL) PT at GBX 2,698.33

Anglo American plc (LON:AAL) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 2,698.33 ($34.84).

AAL has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on Anglo American from GBX 2,160 ($27.89) to GBX 2,190 ($28.28) and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. Citigroup restated a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th. Finally, Berenberg Bank restated a “sell” rating and issued a GBX 2,100 ($27.12) target price on shares of Anglo American in a research report on Tuesday, February 18th.

Anglo American Stock Performance

LON:AAL opened at GBX 2,256.25 ($29.14) on Friday. The business has a 50 day moving average of GBX 2,406.99 and a 200 day moving average of GBX 2,356.07. The company has a market capitalization of £34.31 billion, a price-to-earnings ratio of -20.78, a PEG ratio of 2.05 and a beta of 1.10. Anglo American has a 1-year low of GBX 1,882.20 ($24.31) and a 1-year high of GBX 2,813 ($36.32). The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28.

Insider Buying and Selling at Anglo American

In related news, insider Duncan Wanblad sold 22,708 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($30.84), for a total transaction of £542,267.04 ($700,241.53). Corporate insiders own 9.78% of the company’s stock.

About Anglo American

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.