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

Anglo American plc (LON:AAL) has received an average recommendation of “Moderate Buy” from the seven research firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 3,160.

Several research firms have recently weighed in on AAL. Panmure Gordon reissued a “hold” rating and issued a GBX 2,500 price target on shares of Anglo American in a research note on Sunday, December 14th. Citigroup upgraded shares of Anglo American to a “buy” rating and increased their price objective for the company from GBX 3,300 to GBX 4,500 in a report on Monday, February 2nd. UBS Group reissued a “buy” rating and issued a GBX 3,500 target price on shares of Anglo American in a research note on Friday, January 23rd. Berenberg Bank lowered their target price on Anglo American from GBX 4,200 to GBX 3,900 and set a “buy” rating on the stock in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. upped their price target on Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd.

Insider Buying and Selling

In related news, insider Anne Wade purchased 525 shares of the business’s stock in a transaction on Monday, March 9th. The shares were bought at an average price of GBX 3,050 per share, for a total transaction of £16,012.50. Over the last three months, insiders have purchased 534 shares of company stock valued at $1,628,853. Company insiders own 0.43% of the company’s stock.

Anglo American Stock Performance

AAL opened at GBX 3,020 on Thursday. The firm has a fifty day moving average price of GBX 3,411.04 and a 200 day moving average price of GBX 3,036.30. Anglo American has a 1 year low of GBX 1,900.01 and a 1 year high of GBX 3,877. The stock has a market cap of £32.23 billion, a P/E ratio of -9.15, a P/E/G ratio of 2.05 and a beta of 0.90. The company has a debt-to-equity ratio of 91.60, a current ratio of 1.98 and a quick ratio of 1.28.

About Anglo American

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.