Anglo American plc (LON:AAL) Receives GBX 3,125.71 Average PT from Brokerages

Shares of Anglo American plc (LON:AAL) have been given an average recommendation of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 3,125.71.

Several research analysts have weighed in on the stock. UBS Group reiterated a “buy” rating and issued a GBX 3,500 price objective on shares of Anglo American in a research note on Friday, January 23rd. JPMorgan Chase & Co. upped their price objective on shares of Anglo American from GBX 2,770 to GBX 2,780 and gave the company an “underweight” rating in a research note on Wednesday, April 29th. Citigroup upgraded shares of Anglo American to a “buy” rating and upped their price objective for the company from GBX 3,300 to GBX 4,500 in a research note on Monday, February 2nd. Finally, Berenberg Bank upped their price objective on shares of Anglo American from GBX 3,600 to GBX 4,100 and gave the company a “buy” rating in a research note on Wednesday, April 29th.

Anglo American Stock Up 4.3%

Anglo American stock opened at GBX 4,065 on Friday. The firm has a market cap of £43.56 billion, a PE ratio of -12.32, a P/E/G ratio of 2.05 and a beta of 0.96. The company has a debt-to-equity ratio of 91.60, a quick ratio of 1.28 and a current ratio of 1.98. The firm’s 50 day moving average price is GBX 3,411.61 and its two-hundred day moving average price is GBX 3,227.41. Anglo American has a twelve month low of GBX 1,987.20 and a twelve month high of GBX 4,084.

Insider Buying and Selling

In other Anglo American news, insider Anne Wade bought 525 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was bought at an average cost of GBX 3,050 per share, with a total value of £16,012.50. Insiders have purchased 542 shares of company stock valued at $1,657,589 over the last ninety days. Insiders own 0.43% 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.