Anglo American plc (LON:AAL) Given Average Recommendation of “Hold” by Analysts

Anglo American plc (LON:AALGet Rating) has been given a consensus rating of “Hold” by the eight analysts that are covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,406.43 ($41.16).

AAL has been the subject of a number of recent analyst reports. Morgan Stanley reiterated an “equal weight” rating on shares of Anglo American in a report on Wednesday, May 11th. Barclays reiterated an “equal weight” rating and set a GBX 3,175 ($38.36) target price on shares of Anglo American in a report on Wednesday, August 3rd. Royal Bank of Canada restated a “sector perform” rating and set a GBX 3,300 ($39.87) price target on shares of Anglo American in a report on Tuesday, July 26th. Berenberg Bank dropped their price objective on Anglo American from GBX 3,300 ($39.87) to GBX 3,200 ($38.67) and set a “buy” rating for the company in a report on Friday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 3,500 ($42.29) target price on shares of Anglo American in a research note on Friday, July 22nd.

Anglo American Stock Performance

LON:AAL opened at GBX 2,883 ($34.84) on Friday. The company has a debt-to-equity ratio of 37.42, a quick ratio of 1.28 and a current ratio of 1.90. Anglo American has a fifty-two week low of GBX 2,350 ($28.40) and a fifty-two week high of GBX 4,996.80 ($60.38). The firm has a market cap of £38.56 billion and a PE ratio of 621.15. The business has a 50 day moving average price of GBX 2,961.58 and a 200-day moving average price of GBX 3,451.39.

Anglo American Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 23rd. Shareholders of record on Thursday, August 18th will be issued a $1.24 dividend. The ex-dividend date is Thursday, August 18th. This represents a yield of 3.71%. Anglo American’s dividend payout ratio (DPR) is 61.75%.

Insider Activity

In other Anglo American news, insider Stuart J. Chambers purchased 498 shares of the firm’s stock in a transaction that occurred on Friday, June 24th. The stock was bought at an average cost of GBX 3,035 ($36.67) per share, for a total transaction of £15,114.30 ($18,262.81).

About Anglo American

(Get Rating)

Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for Anglo American (LON:AAL)

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