Anglo American plc (LON:AAL) Stock Has Average Price Target of GBX 3,921.43

Shares of Anglo American plc (LON:AAL) have received an average rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 3,921.43.

AAL has been the topic of several recent research reports. JPMorgan Chase & Co. raised their target price on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a research note on Friday, July 31st. Finally, Berenberg Bank reduced their price target on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research report on Friday, July 24th.

Insider Buying and Selling at Anglo American

In related news, insider Magali Anderson bought 196 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average cost of GBX 4,067 per share, for a total transaction of £7,971.32. Also, insider Nonkululeko Nyembezi bought 178 shares of the business’s stock in a transaction dated Tuesday, September 29th. The shares were bought at an average price of GBX 4,067 per share, with a total value of £7,239.26. Insiders purchased 842 shares of company stock valued at $3,417,903 in the last three months. Corporate insiders own 0.37% of the company’s stock.

Anglo American Price Performance

Shares of Anglo American stock opened at GBX 4,051.68 on Monday. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. The stock has a market capitalization of £43.41 billion, a price-to-earnings ratio of -16.08, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. Anglo American has a twelve month low of GBX 2,639 and a twelve month high of GBX 4,348. The company has a 50-day simple moving average of GBX 4,038.73 and a two-hundred day simple moving average of GBX 3,791.06.

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.