Insider Buying: Anglo American (LON:AAL) Insider Purchases £17,533.02 in Stock

Anglo American plc (LON:AAL) insider Stuart Chambers bought 642 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were bought at an average cost of GBX 2,731 per share, for a total transaction of £17,533.02.

Anglo American Trading Up 0.2%

LON:AAL opened at GBX 2,777.55 on Friday. The stock has a fifty day simple moving average of GBX 2,342.75 and a 200 day simple moving average of GBX 2,210.87. The firm has a market capitalization of £29.68 billion, a price-to-earnings ratio of -711.72, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. Anglo American plc has a 1-year low of GBX 1,900.01 and a 1-year high of GBX 2,999.77. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AAL shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,600 target price on shares of Anglo American in a report on Monday, July 28th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 1,980 target price on shares of Anglo American in a report on Wednesday, August 20th. Citigroup increased their price target on shares of Anglo American from GBX 2,200 to GBX 2,300 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Berenberg Bank upgraded shares of Anglo American to a “hold” rating and raised their price target for the stock from GBX 1,900 to GBX 2,300 in a report on Tuesday, September 9th. Finally, Royal Bank Of Canada lowered their price objective on shares of Anglo American from GBX 2,000 to GBX 1,900 and set a “sector perform” rating on the stock in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Anglo American has a consensus rating of “Hold” and a consensus price target of GBX 2,216.

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.