Anglo American plc (LON:AAL) Receives GBX 3,045.71 Average Target Price from Brokerages

Shares of Anglo American plc (LON:AAL) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 3,045.71.

Several brokerages recently issued reports on AAL. UBS Group restated a “buy” rating and set a GBX 3,500 price objective on shares of Anglo American in a research report on Friday, January 23rd. Berenberg Bank boosted their price target on Anglo American from GBX 3,000 to GBX 3,100 and gave the stock a “buy” rating in a report on Thursday, October 30th. Panmure Gordon restated a “hold” rating and issued a GBX 2,500 price objective on shares of Anglo American in a research report on Sunday, December 14th. Citigroup upgraded Anglo American to a “buy” rating and lifted their price objective for the stock from GBX 3,300 to GBX 4,500 in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a report on Wednesday, December 3rd.

Anglo American Stock Performance

LON:AAL opened at GBX 3,815.81 on Friday. Anglo American has a twelve month low of GBX 1,900.01 and a twelve month high of GBX 3,877. The company has a market capitalization of £40.72 billion, a P/E ratio of -9.78, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 78.84. The firm has a 50-day moving average price of GBX 3,347.91 and a two-hundred day moving average price of GBX 2,900.28.

Insider Activity at Anglo American

In other news, insider Magali Anderson bought 273 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were purchased at an average price of GBX 2,882 per share, for a total transaction of £7,867.86. Also, insider Nonkululeko Nyembezi bought 246 shares of the stock in a transaction on Monday, December 22nd. The stock was purchased at an average cost of GBX 2,882 per share, with a total value of £7,089.72. Over the last 90 days, insiders have bought 1,138 shares of company stock valued at $3,279,316. Company insiders own 0.37% of the company’s stock.

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.