Anglo American plc (LON:AAL) Receives GBX 3,165.71 Consensus Price Target from Analysts

Anglo American plc (LON:AAL) has earned an average recommendation of “Hold” from the seven brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 3,465.71.

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Anglo American from GBX 2,780 to GBX 3,160 and gave the stock an “underweight” rating in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Berenberg Bank increased their price target on shares of Anglo American from GBX 4,000 to GBX 4,200 and gave the stock a “buy” rating in a research report on Friday.

Anglo American Stock Down 2.3%

Shares of AAL opened at GBX 3,974 on Tuesday. Anglo American has a 12 month low of GBX 1,987.20 and a 12 month high of GBX 4,239. The firm’s 50 day moving average is GBX 3,672.02 and its 200-day moving average is GBX 3,361.64. The stock has a market capitalization of £42.58 billion, a PE ratio of -12.04, a P/E/G ratio of 2.05 and a beta of 0.96. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 91.60.

Insider Activity

In other news, insider Anne Wade purchased 525 shares of Anglo American stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average price of GBX 3,050 per share, for a total transaction of £16,012.50. In the last quarter, insiders have purchased 549 shares of company stock worth $1,685,981. Company insiders own 0.43% of the company’s stock.

Anglo American Company Profile

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.