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

Shares of Anglo American plc (LON:AAL) have been given a consensus rating of “Hold” by the seven research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 3,864.29.

AAL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft decreased their price target on Anglo American from GBX 4,700 to GBX 3,900 and set a “buy” rating for the company in a research note on Wednesday, October 21st. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 4,300 price objective on shares of Anglo American in a report on Wednesday, October 21st.

Anglo American Trading Down 0.1%

Shares of Anglo American stock opened at GBX 3,732 on Friday. Anglo American has a 1 year low of GBX 2,639 and a 1 year high of GBX 4,643.80. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59. The company’s fifty day simple moving average is GBX 4,030.68 and its 200-day simple moving average is GBX 3,718.79. The company has a market cap of £39.99 billion, a price-to-earnings ratio of -14.81, a PEG 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 dated Tuesday, September 29th. The stock was purchased at an average price of GBX 4,067 per share, with a total value of £7,239.26. Also, insider Magali Anderson purchased 196 shares of the company’s stock in a transaction that occurred on Tuesday, September 29th. The shares were purchased at an average cost of GBX 4,067 per share, with a total value of £7,971.32. Insiders have purchased 841 shares of company stock valued at $3,417,995 in the last ninety days. Company insiders own 0.37% of the company’s stock.

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.