Insider Buying: Anglo American (LON:AAL) Insider Purchases 3 Shares of Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad bought 3 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of GBX 4,056 per share, for a total transaction of £121.68.

Duncan Wanblad also recently made the following trade(s):

• On Tuesday, April 14th, Duncan Wanblad purchased 4 shares of Anglo American stock. The shares were bought at an average cost of GBX 3,592 per share, with a total value of £143.68.
• On Monday, March 16th, Duncan Wanblad purchased 4 shares of Anglo American stock. The shares were bought at an average cost of GBX 3,067 per share, with a total value of £122.68.

Anglo American Stock Performance

Shares of LON AAL traded up GBX 18.25 during mid-day trading on Monday, hitting GBX 3,777. 372,216,469 shares of the company were exchanged, compared to its average volume of 54,632,859. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 91.60. The stock has a 50 day simple moving average of GBX 3,438.56 and a 200-day simple moving average of GBX 3,250.22. Anglo American plc has a 1-year low of GBX 1,987.20 and a 1-year high of GBX 4,118.50. The firm has a market cap of £40.47 billion, a price-to-earnings ratio of -11.45, a price-to-earnings-growth ratio of 2.05 and a beta of 0.96.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AAL shares. UBS Group reaffirmed a “buy” rating and set a GBX 3,500 price target on shares of Anglo American in a report on Friday, January 23rd. Citigroup upgraded Anglo American to a “buy” rating and raised their price objective for the stock from GBX 3,300 to GBX 4,500 in a research note on Monday, February 2nd. Berenberg Bank upped their target price on Anglo American from GBX 3,600 to GBX 4,100 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Anglo American from GBX 2,770 to GBX 2,780 and gave the stock an “underweight” rating in a research report on Wednesday, April 29th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 3,125.71.

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.