Anglo American’s (AAL) Top Pick Rating Reiterated at Citigroup

Citigroup restated their top pick rating on shares of Anglo American (LON:AAL) in a research note released on Thursday morning, MarketBeat reports.

A number of other research analysts have also issued reports on the stock. Berenberg Bank reissued a “sell” rating and set a GBX 2,100 ($26.51) target price on shares of Anglo American in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Anglo American from GBX 2,900 ($36.60) to GBX 2,700 ($34.08) and set a “buy” rating for the company in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Anglo American presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,715 ($34.27).

Anglo American Stock Down 2.5 %

Shares of Anglo American stock opened at GBX 2,460.50 ($31.06) on Thursday. The stock has a market capitalization of £29.77 billion, a price-to-earnings ratio of -2,365.87, a PEG ratio of 2.05 and a beta of 1.10. The business’s 50 day simple moving average is GBX 2,391.98 and its 200-day simple moving average is GBX 2,354.85. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. Anglo American has a twelve month low of GBX 1,657.60 ($20.92) and a twelve month high of GBX 2,813 ($35.50).

Insider Activity

In other news, insider Marcelo Bastos bought 1,200 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were bought at an average cost of GBX 2,131 ($26.90) per share, with a total value of £25,572 ($32,275.65). Insiders have bought 1,214 shares of company stock worth $2,587,104 over the last 90 days. 9.78% of the stock is owned by company insiders.

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.