Anglo American plc (LON:AAL) Receives GBX 2,698.33 Average Price Target from Analysts

Shares of Anglo American plc (LON:AAL) have received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 2,698.33 ($34.22).

A number of equities research analysts have recently commented on the stock. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 2,100 ($26.63) price objective on shares of Anglo American in a research note on Tuesday, February 18th. JPMorgan Chase & Co. increased their target price on shares of Anglo American from GBX 2,160 ($27.39) to GBX 2,190 ($27.77) and gave the company a “neutral” rating in a report on Wednesday, February 19th. Finally, Citigroup reiterated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th.

Insiders Place Their Bets

In other Anglo American news, insider Duncan Wanblad sold 22,708 shares of Anglo American stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.29), for a total transaction of £542,267.04 ($687,719.77). Also, insider Nonkululeko Nyembezi purchased 297 shares of the firm’s stock in a transaction on Thursday, December 19th. The shares were acquired at an average cost of GBX 2,348 ($29.78) per share, for a total transaction of £6,973.56 ($8,844.08). Company insiders own 9.78% of the company’s stock.

Anglo American Price Performance

Shares of LON:AAL opened at GBX 2,416 ($30.64) on Monday. The stock has a market capitalization of £36.74 billion, a PE ratio of -22.25, a PEG ratio of 2.05 and a beta of 1.10. 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 firm has a 50 day moving average of GBX 2,420.22 and a 200-day moving average of GBX 2,345.10. Anglo American has a 12 month low of GBX 1,657.60 ($21.02) and a 12 month high of GBX 2,813 ($35.68).

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.