Anglo American plc (LON:AAL) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Anglo American plc (LON:AAL) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 2,493.33 ($31.32).

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,500 ($31.40) target price on shares of Anglo American in a research report on Friday, February 9th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Anglo American in a report on Tuesday, April 9th. Berenberg Bank restated a “hold” rating and issued a GBX 1,600 ($20.10) price target on shares of Anglo American in a research note on Tuesday, March 26th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 2,630 ($33.04) price objective on shares of Anglo American in a research note on Friday, February 9th.

Insider Buying and Selling at Anglo American

In other Anglo American news, insider John Heasley sold 12,085 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,224 ($27.94), for a total value of £268,770.40 ($337,608.84). In other news, insider Duncan Wanblad sold 24,467 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of GBX 1,737 ($21.82), for a total value of £424,991.79 ($533,842.22). Also, insider John Heasley sold 12,085 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($27.94), for a total transaction of £268,770.40 ($337,608.84). Company insiders own 7.27% of the company’s stock.

Anglo American Stock Performance

Shares of AAL stock opened at GBX 2,693.50 ($33.83) on Tuesday. Anglo American has a 52 week low of GBX 1,630 ($20.47) and a 52 week high of GBX 2,786 ($35.00). The company has a market capitalization of £36.09 billion, a price-to-earnings ratio of 14,963.89, a PEG ratio of 1.76 and a beta of 1.30. The company has a 50-day simple moving average of GBX 2,055.79 and a 200 day simple moving average of GBX 1,992.79. The company has a debt-to-equity ratio of 53.49, a quick ratio of 1.28 and a current ratio of 1.85.

Anglo American Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, March 14th were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 1.89%. Anglo American’s dividend payout ratio is 42,777.78%.

Anglo American Company Profile

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