Anglo American (LON:AAL) Insider Purchases £121.68 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad bought 3 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of GBX 4,056 per share, for a total transaction of £121.68.

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

• On Tuesday, April 14th, Duncan Wanblad bought 4 shares of Anglo American stock. The shares were acquired at an average cost of GBX 3,592 per share, for a total transaction of £143.68.
• On Monday, March 16th, Duncan Wanblad bought 4 shares of Anglo American stock. The shares were acquired at an average cost of GBX 3,067 per share, for a total transaction of £122.68.

Anglo American Stock Up 0.5%

LON:AAL traded up GBX 18.25 on Monday, hitting GBX 3,777. 372,216,469 shares of the company’s stock traded hands, compared to its average volume of 54,632,859. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 91.60. Anglo American plc has a 1 year low of GBX 1,987.20 and a 1 year high of GBX 4,118.50. The firm has a 50-day moving average price of GBX 3,438.56 and a 200-day moving average price of GBX 3,250.22. The company has a market cap of £40.47 billion, a PE ratio of -11.45, a price-to-earnings-growth ratio of 2.05 and a beta of 0.96.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AAL. Berenberg Bank lifted their target price on Anglo American from GBX 3,600 to GBX 4,100 and gave the company a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of Anglo American from GBX 2,770 to GBX 2,780 and gave the stock an “underweight” rating in a report on Wednesday, April 29th. Citigroup upgraded shares of Anglo American to a “buy” rating and upped their price objective for the stock from GBX 3,300 to GBX 4,500 in a report on Monday, February 2nd. Finally, UBS Group reiterated a “buy” rating and issued a GBX 3,500 price objective on shares of Anglo American in a report on Friday, January 23rd. 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 MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 3,125.71.

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.