Anglo American plc (LON:AAL) Receives GBX 3,921.43 Consensus Target Price from Analysts

Anglo American plc (LON:AAL) has received an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 3,921.43.

Several analysts have issued reports on AAL shares. Berenberg Bank decreased their price target on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research report on Friday, July 24th. JPMorgan Chase & Co. upped 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 research report on Friday, July 10th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,000 target price on shares of Anglo American in a research note on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 4,500 target price on shares of Anglo American in a research report on Friday, July 31st.

Anglo American Trading Down 2.5%

Shares of AAL stock opened at GBX 3,831 on Friday. The firm has a market capitalization of £41.05 billion, a P/E ratio of -15.20, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97. Anglo American has a 1 year low of GBX 2,123 and a 1 year high of GBX 4,239. The firm’s fifty day simple moving average is GBX 3,757.46 and its 200 day simple moving average is GBX 3,634.83. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59.

Insiders Place Their Bets

In other news, insider Magali Anderson acquired 213 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average cost of GBX 3,725 per share, for a total transaction of £7,934.25. Also, insider Nonkululeko Nyembezi bought 194 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was purchased at an average price of GBX 3,725 per share, with a total value of £7,226.50. In the last quarter, insiders bought 912 shares of company stock worth $3,398,289. 0.43% of the stock is currently owned by company insiders.

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.