Anglo American (LON:AAL) Price Target Raised to GBX 2,190 at JPMorgan Chase & Co.

Anglo American (LON:AAL) had its price target raised by JPMorgan Chase & Co. from GBX 2,160 ($27.18) to GBX 2,190 ($27.56) in a research report sent to investors on Wednesday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has a neutral rating on the mining company’s stock.

A number of other equities research analysts have also recently commented on the company. Berenberg Bank reiterated a “sell” rating and set a GBX 2,100 ($26.43) target price on shares of Anglo American in a research note on Thursday, February 6th. Citigroup reiterated a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,698.33 ($33.95).

Anglo American Stock Down 3.5 %

Shares of LON:AAL opened at GBX 2,365.93 ($29.77) on Wednesday. The business’s 50 day moving average is GBX 2,425.16 and its 200 day moving average is GBX 2,340.09. Anglo American has a 12-month low of GBX 1,657.60 ($20.86) and a 12-month high of GBX 2,813 ($35.40). The stock has a market cap of £35.98 billion, a price-to-earnings ratio of -21.79, a PEG ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84.

Insider Activity at Anglo American

In other Anglo American news, insider Nonkululeko Nyembezi acquired 297 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average price of GBX 2,348 ($29.55) per share, with a total value of £6,973.56 ($8,775.08). 9.78% of the stock is owned by corporate insiders.

About Anglo American

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.