Anglo American (LON:AAL) Insider Purchases £115.02 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad purchased 3 shares of the company’s stock in a transaction on Friday, August 14th. The stock was acquired at an average price of GBX 3,834 per share, with a total value of £115.02.

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

• On Tuesday, July 14th, Duncan Wanblad acquired 3 shares of Anglo American stock. The stock was bought at an average price of GBX 3,618 per share, for a total transaction of £108.54.
• On Monday, June 15th, Duncan Wanblad acquired 3 shares of Anglo American stock. The stock was bought at an average price of GBX 4,119 per share, for a total transaction of £123.57.

Anglo American Trading Up 4.8%

LON:AAL opened at GBX 4,015 on Thursday. The firm has a market cap of £43.02 billion, a PE ratio of -15.93, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97. The stock has a fifty day moving average price of GBX 3,763.17 and a 200 day moving average price of GBX 3,637.59. Anglo American plc has a 12-month low of GBX 2,123 and a 12-month high of GBX 4,239. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AAL shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a research report on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research report on Tuesday, June 9th. Berenberg Bank reduced their target price on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. raised their target price on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a report on Friday, July 10th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 3,921.43.

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.