Anglo American plc (LON:AAL) Receives GBX 3,921.43 Average Price Target from Analysts

Anglo American plc (LON:AAL) has earned an average rating of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 3,921.43.

A number of research firms have recently issued reports on AAL. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 target price on shares of Anglo American in a report on Tuesday, June 9th. Berenberg Bank dropped their price target on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their price target 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.

Anglo American Price Performance

LON:AAL opened at GBX 3,878 on Thursday. The stock has a 50 day moving average of GBX 3,872.16 and a two-hundred day moving average of GBX 3,708.35. Anglo American has a 12 month low of GBX 2,496 and a 12 month high of GBX 4,348. The firm has a market cap of £41.55 billion, a P/E ratio of -15.39, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59.

Insider Buying and Selling

In related news, insider Stuart J. Chambers purchased 487 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were bought at an average price of GBX 3,725 per share, for a total transaction of £18,140.75. Also, insider Nonkululeko Nyembezi bought 194 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were purchased at an average price of GBX 3,725 per share, for a total transaction of £7,226.50. In the last 90 days, insiders have bought 909 shares of company stock valued at $3,385,932. Corporate insiders own 0.37% of the company’s stock.

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.