Anglo American (LON:AAL) Stock Rating Reaffirmed as Hold by Berenberg Bank

Anglo American (LON:AAL)‘s stock had its “hold” rating reissued by research analysts at Berenberg Bank in a report issued on Wednesday, Digital Look reports. They presently have a GBX 4,300 target price on the mining company’s stock. Berenberg Bank‘s price objective suggests a potential upside of 18.45% from the stock’s current price.

AAL has been the topic of a number of other research reports. JPMorgan Chase & Co. upped their target price on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 4,500 price objective on shares of Anglo American in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 3,864.29.

Anglo American Stock Up 0.1%

Shares of LON AAL opened at GBX 3,630.30 on Wednesday. The stock has a market capitalization of £38.90 billion, a P/E ratio of -14.41, a P/E/G ratio of 2.05 and a beta of 0.95. The company has a 50-day moving average price of GBX 4,048.79 and a 200-day moving average price of GBX 3,856.16. Anglo American has a 1 year low of GBX 2,639 and a 1 year high of GBX 4,643.80. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27.

Insider Buying and Selling

In other Anglo American news, insider Magali Anderson acquired 196 shares of the company’s stock in a transaction on Tuesday, September 29th. The shares were acquired at an average cost of GBX 4,067 per share, with a total value of £7,971.32. Also, insider Stuart J. Chambers bought 446 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were acquired at an average price of GBX 4,067 per share, with a total value of £18,138.82. In the last 90 days, insiders bought 841 shares of company stock valued at $3,417,995. 0.37% of the stock is owned by insiders.

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.