Anglo American plc (LON:AAL) Receives Average Rating of “Hold” from Analysts

Anglo American plc (LON:AAL) has earned an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat.com 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 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 3,921.43.

Several equities analysts recently issued reports on AAL shares. Berenberg Bank cut their target price on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research report on Friday, July 24th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 4,500 price target on shares of Anglo American in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their price objective on 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 Anglo American news, insider Nonkululeko Nyembezi purchased 194 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average price of GBX 3,725 per share, for a total transaction of £7,226.50. Also, insider Stuart J. Chambers purchased 487 shares of Anglo American stock in a transaction on Tuesday, June 23rd. The shares were acquired at an average cost of GBX 3,725 per share, with a total value of £18,140.75. Insiders have bought a total of 912 shares of company stock worth $3,398,289 over the last quarter. Insiders own 0.43% of the company’s stock.

Anglo American Trading Up 3.0%

LON AAL opened at GBX 4,085.22 on Friday. Anglo American has a 12-month low of GBX 2,154 and a 12-month high of GBX 4,239. The company has a fifty day simple moving average of GBX 3,768.47 and a two-hundred day simple moving average of GBX 3,644.69. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59. The stock has a market cap of £43.77 billion, a P/E ratio of -16.21, a P/E/G ratio of 2.05 and a beta of 0.97.

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.