Anglo American (LON:AAL) Insider Purchases £7,226.50 in Stock

Anglo American plc (LON:AAL) insider Nonkululeko Nyembezi purchased 194 shares of the stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average price of GBX 3,725 per share, for a total transaction of £7,226.50.

Anglo American Stock Up 2.6%

Shares of Anglo American stock traded up GBX 94 during trading hours on Thursday, reaching GBX 3,706. 26,716,688 shares of the company’s stock were exchanged, compared to its average volume of 44,621,078. The stock has a market cap of £39.71 billion, a P/E ratio of -11.23, a P/E/G ratio of 2.05 and a beta of 0.98. The company has a 50 day moving average of GBX 3,824.74 and a two-hundred day moving average of GBX 3,464.34. The company has a current ratio of 1.98, a quick ratio of 1.27 and a debt-to-equity ratio of 86.09. Anglo American plc has a fifty-two week low of GBX 2,019.50 and a fifty-two week high of GBX 4,239.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AAL shares. Deutsche Bank Aktiengesellschaft upped their price objective on Anglo American from GBX 3,800 to GBX 4,500 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Berenberg Bank reissued a “hold” rating and issued a GBX 4,200 price objective on shares of Anglo American in a research report on Thursday, June 18th. JPMorgan Chase & Co. upped their target price on shares of Anglo American from GBX 2,780 to GBX 3,160 and gave the company an “underweight” rating in a report on Tuesday, May 26th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 5,000 target price on shares of Anglo American in a research note on Tuesday, June 9th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 3,657.50.

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.