Anglo American plc (LON:AAL) Given Consensus Rating of “Hold” by Brokerages

Anglo American plc (LON:AAL) has been given an average rating of “Hold” by the eight analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 3,657.50.

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Berenberg Bank reiterated a “hold” rating and set a GBX 4,200 target price on shares of Anglo American in a report on Thursday, June 18th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,000 target price on shares of Anglo American in a research note on Tuesday, June 9th. Finally, JPMorgan Chase & Co. increased their target price on Anglo American from GBX 2,780 to GBX 3,160 and gave the stock an “underweight” rating in a research note on Tuesday, May 26th.

Insider Buying and Selling

In other news, insider Magali Anderson purchased 213 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were bought at an average cost of GBX 3,725 per share, for a total transaction of £7,934.25. Also, insider Stuart J. Chambers acquired 487 shares of Anglo American stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average cost of GBX 3,725 per share, with a total value of £18,140.75. Insiders have purchased a total of 912 shares of company stock worth $3,399,635 over the last ninety days. Company insiders own 0.37% of the company’s stock.

Anglo American Stock Down 1.2%

Shares of LON:AAL opened at GBX 3,677 on Friday. Anglo American has a 52 week low of GBX 2,042 and a 52 week high of GBX 4,239. The company has a debt-to-equity ratio of 86.09, a quick ratio of 1.27 and a current ratio of 1.98. The company has a market capitalization of £39.40 billion, a PE ratio of -11.14, a PEG ratio of 2.05 and a beta of 0.98. The company has a 50 day moving average price of GBX 3,832.08 and a two-hundred day moving average price of GBX 3,491.46.

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.