Anglo American (LON:AAL) Insider Duncan Wanblad Acquires 5 Shares

Anglo American plc (LON:AAL) insider Duncan Wanblad bought 5 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were bought at an average cost of GBX 2,842 per share, for a total transaction of £142.10.

Duncan Wanblad also recently made the following trade(s):

• On Friday, November 14th, Duncan Wanblad bought 4 shares of Anglo American stock. The stock was acquired at an average cost of GBX 2,807 per share, with a total value of £112.28.
• On Tuesday, October 14th, Duncan Wanblad bought 4 shares of Anglo American stock. The shares were acquired at an average price of GBX 2,909 per share, with a total value of £116.36.

Anglo American Trading Up 1.7%

LON:AAL traded up GBX 49 during mid-day trading on Wednesday, hitting GBX 2,887. 42,736,270 shares of the stock traded hands, compared to its average volume of 8,009,729. Anglo American plc has a 52 week low of GBX 1,900.01 and a 52 week high of GBX 3,051. The stock has a market capitalization of £30.81 billion, a price-to-earnings ratio of -7.40, a PEG ratio of 2.05 and a beta of 1.10. The firm’s 50 day moving average is GBX 2,854.05 and its two-hundred day moving average is GBX 2,490.15. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84.

Analysts Set New Price Targets

AAL has been the topic of a number of recent analyst reports. Berenberg Bank increased their price objective on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. lifted their price target on shares of Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. Finally, Panmure Gordon restated a “hold” rating and set a GBX 2,500 price objective on shares of Anglo American in a report on Sunday. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Anglo American currently has an average rating of “Hold” and an average target price of GBX 2,603.33.

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.