Insider Buying: Anglo American (LON:AAL) Insider Purchases £7,239.26 in Stock

Anglo American plc (LON:AAL) insider Nonkululeko Nyembezi bought 178 shares of the stock in a transaction on Tuesday, September 29th. The shares were bought at an average price of GBX 4,067 per share, for a total transaction of £7,239.26.

Anglo American Stock Performance

AAL opened at GBX 4,097 on Friday. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27. The stock has a market cap of £43.90 billion, a P/E ratio of -16.26, a P/E/G ratio of 2.05 and a beta of 0.99. Anglo American plc has a 1-year low of GBX 2,639 and a 1-year high of GBX 4,348. The stock’s 50 day simple moving average is GBX 4,006.61 and its 200 day simple moving average is GBX 3,763.67.

Analysts Set New Price Targets

Several brokerages have issued reports on AAL. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a report on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,000 price target on shares of Anglo American in a report on Tuesday, June 9th. Berenberg Bank decreased their price objective on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research note on Friday, July 24th. 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. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Anglo American presently has an average 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.