Anglo American plc (LON:AAL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Anglo American plc (LON:AAL) has received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,698.33 ($34.99).

A number of research firms have weighed in on AAL. Citigroup reissued a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th. Berenberg Bank reissued a “sell” rating and set a GBX 2,100 ($27.23) price objective on shares of Anglo American in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. increased their target price on Anglo American from GBX 2,160 ($28.01) to GBX 2,190 ($28.40) and gave the company a “neutral” rating in a research note on Wednesday, February 19th.

Anglo American Price Performance

Shares of Anglo American stock opened at GBX 2,326.50 ($30.17) on Friday. Anglo American has a 1-year low of GBX 1,882.20 ($24.41) and a 1-year high of GBX 2,813 ($36.48). The firm has a fifty day simple moving average of GBX 2,410.32 and a 200-day simple moving average of GBX 2,354.63. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 78.84. The stock has a market capitalization of £35.38 billion, a price-to-earnings ratio of -21.42, a PEG ratio of 2.05 and a beta of 1.10.

Insider Activity at Anglo American

In related news, insider Duncan Wanblad sold 22,708 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($30.96), for a total value of £542,267.04 ($703,147.10). 9.78% of the stock is owned by corporate insiders.

Anglo American Company Profile

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.