Anglo American plc (LON:AAL) Receives GBX 3,681.25 Consensus PT from Brokerages

Shares of Anglo American plc (LON:AAL) have been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 3,668.75.

A number of research analysts have commented on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research note on Tuesday, June 9th. JPMorgan Chase & Co. upped their target price on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a research note on Friday, July 10th. Berenberg Bank reduced their price target on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Anglo American from GBX 3,800 to GBX 4,500 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd.

Insiders Place Their Bets

In other news, insider Nonkululeko Nyembezi purchased 194 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average cost of GBX 3,725 per share, for a total transaction of £7,226.50. Also, insider Magali Anderson purchased 213 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were purchased at an average cost of GBX 3,725 per share, for a total transaction of £7,934.25. Insiders have bought a total of 912 shares of company stock valued at $3,399,843 in the last quarter. Insiders own 0.43% of the company’s stock.

Anglo American Stock Up 2.5%

Shares of LON:AAL opened at GBX 3,721 on Wednesday. The firm has a market cap of £39.87 billion, a PE ratio of -11.28, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97. The company has a fifty day simple moving average of GBX 3,776.22 and a 200 day simple moving average of GBX 3,560.89. The company has a current ratio of 1.98, a quick ratio of 1.27 and a debt-to-equity ratio of 86.09. Anglo American has a 12-month low of GBX 2,042 and a 12-month high of GBX 4,239.

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.