Anglo American (LON:AAL) Insider Acquires £155.32 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad acquired 4 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were bought at an average cost of GBX 3,883 per share, for a total transaction of £155.32.

Duncan Wanblad also recently made the following trade(s):

• On Friday, August 14th, Duncan Wanblad acquired 3 shares of Anglo American stock. The shares were purchased at an average cost of GBX 3,834 per share, with a total value of £115.02.
• On Tuesday, July 14th, Duncan Wanblad purchased 3 shares of Anglo American stock. The stock was bought at an average price of GBX 3,618 per share, for a total transaction of £108.54.

Anglo American Trading Up 1.8%

LON AAL traded up GBX 67.71 during trading on Wednesday, reaching GBX 3,930.71. 2,791,240 shares of the stock traded hands, compared to its average volume of 33,472,031. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. Anglo American plc has a fifty-two week low of GBX 2,496 and a fifty-two week high of GBX 4,348. The stock’s 50-day moving average price is GBX 3,876.64 and its 200 day moving average price is GBX 3,708.68. The firm has a market cap of £42.12 billion, a price-to-earnings ratio of -15.60, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AAL. Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research note on Tuesday, June 9th. Berenberg Bank lowered their target price on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research note on Friday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a research note on Friday, July 31st. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Anglo American currently has a consensus rating of “Hold” and an average target price of GBX 3,921.43.

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.