Anglo American plc (LON:AAL) Stock Has Average Price Target of GBX 3,864.29 According to Brokerages

Anglo American plc (LON:AAL) has been assigned a consensus rating of “Hold” from the seven brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,864.29.

Several research firms recently weighed in on AAL. Deutsche Bank Aktiengesellschaft dropped their price target on Anglo American from GBX 4,700 to GBX 3,900 and set a “buy” rating on the stock in a research report on Wednesday, October 21st. JPMorgan Chase & Co. increased their price target on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research note on Friday, July 10th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 4,300 price target on shares of Anglo American in a research report on Wednesday, October 21st.

Anglo American Stock Up 2.8%

AAL stock opened at GBX 3,820 on Friday. Anglo American has a fifty-two week low of GBX 2,639 and a fifty-two week high of GBX 4,643.80. The business’s 50 day moving average price is GBX 4,016.26 and its two-hundred day moving average price is GBX 3,723.86. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21. The company has a market capitalization of £40.93 billion, a price-to-earnings ratio of -15.16, a price-to-earnings-growth ratio of 2.05 and a beta of 0.95.

Insiders Place Their Bets

In other Anglo American news, insider Nonkululeko Nyembezi acquired 178 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, for a total transaction of £7,239.26. Also, insider Magali Anderson bought 196 shares of the firm’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. Over the last quarter, insiders have acquired 841 shares of company stock worth $3,417,995. 0.37% of the stock is currently owned by company 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.