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

Shares of Anglo American plc (LON:AAL) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,698.33 ($35.80).

Several research analysts have recently commented on the company. Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($27.86) target price on shares of Anglo American in a research report on Wednesday, April 9th. JPMorgan Chase & Co. increased their target price on shares of Anglo American from GBX 2,160 ($28.66) to GBX 2,190 ($29.06) and gave the stock a “neutral” rating in a report on Wednesday, February 19th.

Insider Activity at Anglo American

In related news, insider John Heasley sold 18,877 shares of Anglo American stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of GBX 2,133 ($28.30), for a total transaction of £402,646.41 ($534,226.36). Also, insider Duncan Wanblad sold 22,708 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($31.68), for a total transaction of £542,267.04 ($719,473.32). Company insiders own 9.78% of the company’s stock.

Anglo American Stock Performance

Shares of Anglo American stock opened at GBX 2,024.50 ($26.86) on Tuesday. The firm has a market cap of £30.79 billion, a PE ratio of -18.64, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. Anglo American has a 1 year low of GBX 1,673.40 ($22.20) and a 1 year high of GBX 2,813 ($37.32). The firm’s 50-day simple moving average is GBX 2,231.83 and its 200-day simple moving average is GBX 2,337.40. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98.

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.