Insider Buying: Anglo American (LON:AAL) Insider Acquires £155.32 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad purchased 4 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were purchased at an average cost of GBX 3,883 per share, with a total value of £155.32.

Duncan Wanblad also recently made the following trade(s):

• On Friday, August 14th, Duncan Wanblad acquired 3 shares of Anglo American stock. The stock was acquired at an average price of GBX 3,834 per share, for a total transaction of £115.02.
• On Tuesday, July 14th, Duncan Wanblad acquired 3 shares of Anglo American stock. The stock was acquired at an average cost of GBX 3,618 per share, for a total transaction of £108.54.

Anglo American Stock Performance

LON:AAL opened at GBX 3,955 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59. The company has a market capitalization of £42.38 billion, a P/E ratio of -15.69, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. The firm has a 50-day moving average price of GBX 3,900.23 and a two-hundred day moving average price of GBX 3,713.42. Anglo American plc has a twelve month low of GBX 2,522 and a twelve month high of GBX 4,348.

Analysts Set New Price Targets

AAL has been the topic of a number of recent research reports. Berenberg Bank reduced their target price on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research note on Friday, July 24th. JPMorgan Chase & Co. raised their price target on Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research note on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 3,921.43.

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.