Anglo American (LON:AAL) Insider Nonkululeko Nyembezi Purchases 194 Shares

Anglo American plc (LON:AAL) insider Nonkululeko Nyembezi acquired 194 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average cost of GBX 3,725 per share, with a total value of £7,226.50.

Anglo American Price Performance

AAL stock traded up GBX 94 during midday trading on Thursday, reaching GBX 3,706. 26,716,688 shares of the company’s stock traded hands, compared to its average volume of 44,621,078. The company has a 50-day simple moving average of GBX 3,824.74 and a two-hundred day simple moving average of GBX 3,464.34. The company has a quick ratio of 1.27, a current ratio of 1.98 and a debt-to-equity ratio of 86.09. Anglo American plc has a 1-year low of GBX 2,019.50 and a 1-year high of GBX 4,239. The company has a market cap of £39.71 billion, a price-to-earnings ratio of -11.23, a PEG ratio of 2.05 and a beta of 0.98.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AAL. JPMorgan Chase & Co. boosted their price target on shares of Anglo American from GBX 2,780 to GBX 3,160 and gave the company an “underweight” rating in a report on Tuesday, May 26th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 4,200 price target on shares of Anglo American in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 5,000 target price on shares of Anglo American in a report on Tuesday, June 9th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 3,657.50.

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.