Anglo American plc (LON:AAL) Receives GBX 2,493.33 Average Price Target from Analysts

Shares of Anglo American plc (LON:AAL) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 2,493.33 ($31.32).

Several equities analysts have recently weighed in on AAL shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Anglo American in a research report on Tuesday, April 9th. Barclays reiterated an “overweight” rating and set a GBX 2,630 ($33.04) target price on shares of Anglo American in a research report on Friday, February 9th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,500 ($31.40) price objective on shares of Anglo American in a research report on Friday, February 9th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 1,600 ($20.10) price objective on shares of Anglo American in a report on Tuesday, March 26th.

Anglo American Stock Performance

Shares of AAL opened at GBX 2,693.50 ($33.83) on Tuesday. The company has a market capitalization of £36.09 billion, a price-to-earnings ratio of 14,963.89, a PEG ratio of 1.76 and a beta of 1.30. Anglo American has a 12 month low of GBX 1,630 ($20.47) and a 12 month high of GBX 2,786 ($35.00). The company has a current ratio of 1.85, a quick ratio of 1.28 and a debt-to-equity ratio of 53.49. The stock has a 50 day moving average of GBX 2,055.79 and a 200 day moving average of GBX 1,992.79.

Anglo American Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th were issued a $0.41 dividend. This represents a yield of 1.89%. The ex-dividend date of this dividend was Thursday, March 14th. Anglo American’s dividend payout ratio (DPR) is currently 42,777.78%.

Insider Transactions at Anglo American

In other Anglo American news, insider John Heasley sold 12,085 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($27.94), for a total transaction of £268,770.40 ($337,608.84). In other news, insider John Heasley sold 12,085 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($27.94), for a total value of £268,770.40 ($337,608.84). Also, insider Duncan Wanblad sold 24,467 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of GBX 1,737 ($21.82), for a total value of £424,991.79 ($533,842.22). Corporate insiders own 7.27% of the company’s stock.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.