Anglo American (LON:AAL) Receives “Hold” Rating from Panmure Gordon

Anglo American (LON:AAL)‘s stock had its “hold” rating reissued by analysts at Panmure Gordon in a research report issued on Sunday,Digital Look reports. They currently have a GBX 2,500 price target on the mining company’s stock. Panmure Gordon’s price target points to a potential downside of 11.25% from the company’s current price.

AAL has been the topic of a number of other reports. Berenberg Bank upped their price target on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the stock a “buy” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. boosted their price objective on shares of Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Anglo American currently has an average rating of “Hold” and a consensus target price of GBX 2,603.33.

Anglo American Stock Performance

AAL stock opened at GBX 2,817 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The business’s fifty day simple moving average is GBX 2,852.60 and its two-hundred day simple moving average is GBX 2,478.89. Anglo American has a twelve month low of GBX 1,900.01 and a twelve month high of GBX 3,051. The firm has a market cap of £30.06 billion, a price-to-earnings ratio of -7.22, a PEG ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling at Anglo American

In other news, insider Marcelo Bastos acquired 870 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average price of GBX 2,838 per share, with a total value of £24,690.60. Also, insider Magali Anderson acquired 255 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were bought at an average price of GBX 2,731 per share, for a total transaction of £6,964.05. Insiders purchased 2,054 shares of company stock valued at $5,702,472 in the last ninety days. 0.43% of the stock is owned by insiders.

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.