Anglo American plc (LON:AAL) Stock Has Average Price Target of GBX 3,921.43

Shares of Anglo American plc (LON:AAL) have earned a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,921.43.

AAL has been the subject of a number of research analyst reports. Berenberg Bank lowered their price target on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 4,500 price objective on shares of Anglo American in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. upped 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.

Insider Activity at Anglo American

In other news, insider Nonkululeko Nyembezi purchased 178 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were bought at an average price of GBX 4,067 per share, with a total value of £7,239.26. Also, insider Magali Anderson acquired 196 shares of Anglo American stock in a transaction on Tuesday, September 29th. The stock was purchased at an average price of GBX 4,067 per share, with a total value of £7,971.32. Insiders purchased a total of 842 shares of company stock valued at $3,417,903 over the last ninety days. Insiders own 0.37% of the company’s stock.

Anglo American Stock Up 1.9%

Shares of LON AAL opened at GBX 4,117.76 on Monday. The business has a 50-day moving average of GBX 4,050.94 and a two-hundred day moving average of GBX 3,800.85. The company has a market capitalization of £44.12 billion, a price-to-earnings ratio of -16.34, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. Anglo American has a 1 year low of GBX 2,639 and a 1 year high of GBX 4,348. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27.

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.