Insider Buying: Anglo American (LON:AAL) Insider Buys 4 Shares of Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad acquired 4 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was purchased at an average cost of GBX 3,592 per share, with a total value of £143.68.

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

• On Monday, March 16th, Duncan Wanblad bought 4 shares of Anglo American stock. The shares were acquired at an average price of GBX 3,067 per share, with a total value of £122.68.

Anglo American Stock Up 0.5%

Shares of LON:AAL traded up GBX 19.50 during trading on Thursday, hitting GBX 3,599. The company’s stock had a trading volume of 2,850,456 shares, compared to its average volume of 30,649,441. The company has a debt-to-equity ratio of 91.60, a quick ratio of 1.28 and a current ratio of 1.98. Anglo American plc has a fifty-two week low of GBX 1,987.20 and a fifty-two week high of GBX 3,877. The stock’s 50-day moving average price is GBX 3,385.54 and its two-hundred day moving average price is GBX 3,125.16. The company has a market capitalization of £38.56 billion, a PE ratio of -10.91, a PEG ratio of 2.05 and a beta of 0.94.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AAL shares. Berenberg Bank reduced their target price on Anglo American from GBX 4,200 to GBX 3,900 and set a “buy” rating for the company in a research note on Thursday, March 5th. Citigroup upgraded shares of Anglo American to a “buy” rating and lifted their price target for the stock from GBX 3,300 to GBX 4,500 in a research note on Monday, February 2nd. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 3,500 price target on shares of Anglo American in a report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,160.

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.