Duncan Wanblad Purchases 3 Shares of Anglo American (LON:AAL) Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad bought 3 shares of the stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of GBX 4,119 per share, with a total value of £123.57.

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

• On Thursday, May 14th, Duncan Wanblad purchased 3 shares of Anglo American stock. The stock was bought at an average cost of GBX 4,056 per share, for a total transaction of £121.68.
• On Tuesday, April 14th, Duncan Wanblad purchased 4 shares of Anglo American stock. The shares were purchased at an average cost of GBX 3,592 per share, with a total value of £143.68.

Anglo American Stock Performance

Shares of Anglo American stock traded down GBX 9.31 during trading on Wednesday, hitting GBX 4,087.69. 13,861,100 shares of the stock were exchanged, compared to its average volume of 46,596,652. The stock’s fifty day moving average is GBX 3,769.46 and its 200 day moving average is GBX 3,422.08. Anglo American plc has a 12 month low of GBX 1,987.20 and a 12 month high of GBX 4,239. The stock has a market cap of £43.80 billion, a PE ratio of -12.39, a P/E/G ratio of 2.05 and a beta of 0.98. The company has a debt-to-equity ratio of 91.60, a quick ratio of 1.28 and a current ratio of 1.98.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Anglo American from GBX 2,780 to GBX 3,160 and gave the company an “underweight” rating in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft boosted their price target on Anglo American from GBX 3,800 to GBX 4,500 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Berenberg Bank raised their price target on Anglo American from GBX 4,000 to GBX 4,200 and gave the company a “buy” rating in a report on Friday, June 5th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research note on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Anglo American has a consensus rating of “Moderate Buy” and an average price target of GBX 3,657.50.

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.