Insider Buying: Anglo American (LON:AAL) Insider Purchases £122.68 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad acquired 4 shares of the business’s stock in a transaction on Monday, March 16th. The stock was purchased at an average price of GBX 3,067 per share, for a total transaction of £122.68.

Anglo American Stock Performance

LON:AAL opened at GBX 2,879 on Friday. The firm has a 50-day moving average of GBX 3,412.95 and a two-hundred day moving average of GBX 3,020.16. The company has a debt-to-equity ratio of 91.60, a current ratio of 1.98 and a quick ratio of 1.28. The stock has a market cap of £30.73 billion, a P/E ratio of -8.72, a PEG ratio of 2.05 and a beta of 0.90. Anglo American plc has a 1-year low of GBX 1,900.01 and a 1-year high of GBX 3,877.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on AAL shares. Panmure Gordon restated a “hold” rating and set a GBX 2,500 price objective on shares of Anglo American in a research note on Sunday, December 14th. Berenberg Bank cut their target price on Anglo American from GBX 4,200 to GBX 3,900 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Citigroup upgraded Anglo American to a “buy” rating and increased their target price for the company from GBX 3,300 to GBX 4,500 in a research note on Monday, February 2nd. JPMorgan Chase & Co. raised their price target on shares of Anglo American from GBX 2,760 to GBX 3,220 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Finally, UBS Group restated a “buy” rating and issued a GBX 3,500 price target on shares of Anglo American in a research note on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,160.

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.