Anglo American plc (LON:AAL) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Anglo American plc (LON:AAL) have been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 3,668.75.

Several brokerages recently issued reports on AAL. Berenberg Bank cut their target price on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research note on Friday, July 10th.

Insider Buying and Selling

In related news, insider Stuart J. Chambers bought 487 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average cost of GBX 3,725 per share, with a total value of £18,140.75. Also, insider Nonkululeko Nyembezi bought 194 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average price of GBX 3,725 per share, for a total transaction of £7,226.50. In the last three months, insiders have purchased 912 shares of company stock valued at $3,399,843. 0.43% of the stock is owned by company insiders.

Anglo American Price Performance

LON AAL opened at GBX 3,740 on Wednesday. The company has a 50-day moving average price of GBX 3,776.22 and a 200-day moving average price of GBX 3,563.92. Anglo American has a 52 week low of GBX 2,042 and a 52 week high of GBX 4,239. The company has a quick ratio of 1.27, a current ratio of 1.98 and a debt-to-equity ratio of 86.09. The firm has a market capitalization of £40.07 billion, a P/E ratio of -11.33, a PEG ratio of 2.05 and a beta of 0.97.

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.