Anglo American plc (LON:AAL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Anglo American plc (LON:AAL) have been assigned an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and seven have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 2,715 ($34.22).

A number of research firms have commented on AAL. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Anglo American from GBX 2,900 ($36.55) to GBX 2,700 ($34.03) and set a “buy” rating for the company in a report on Monday, September 9th. Berenberg Bank restated a “sell” rating and issued a GBX 2,100 ($26.47) price target on shares of Anglo American in a report on Thursday, October 24th.

Anglo American Price Performance

Shares of LON AAL opened at GBX 2,280.50 ($28.74) on Friday. Anglo American has a twelve month low of GBX 1,630 ($20.54) and a twelve month high of GBX 2,813 ($35.45). The firm has a fifty day simple moving average of GBX 2,284.05 and a 200 day simple moving average of GBX 2,369.82. The company has a market capitalization of £27.59 billion, a PE ratio of -2,192.79, a P/E/G ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94.

Insider Activity

In related news, insider Marcelo Bastos acquired 1,200 shares of the stock in a transaction on Tuesday, September 24th. The shares were acquired at an average price of GBX 2,131 ($26.86) per share, with a total value of £25,572 ($32,226.84). Corporate insiders own 9.78% of the company’s stock.

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.