Analysts Set Anglo American plc (LON:AAL) Target Price at GBX 3,921.43

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 Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 3,921.43.

Several research firms have weighed in on AAL. JPMorgan Chase & Co. upped their price objective 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. Berenberg Bank decreased 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, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 4,500 target price on shares of Anglo American in a report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th.

Insider Transactions at Anglo American

In related news, insider Nonkululeko Nyembezi bought 194 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average price of GBX 3,725 per share, with a total value of £7,226.50. Also, insider Stuart J. Chambers purchased 487 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average price of GBX 3,725 per share, with a total value of £18,140.75. Insiders purchased a total of 912 shares of company stock valued at $3,398,289 over the last ninety days. 0.37% of the stock is currently owned by insiders.

Anglo American Price Performance

Shares of LON AAL opened at GBX 3,977.19 on Thursday. The firm’s 50-day moving average price is GBX 3,870.11 and its 200-day moving average price is GBX 3,706.57. Anglo American has a 1-year low of GBX 2,496 and a 1-year high of GBX 4,348. The firm has a market capitalization of £42.62 billion, a P/E ratio of -15.78, a P/E/G ratio of 2.05 and a beta of 0.99. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59.

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.