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

Anglo American plc (LON:AAL) has earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 2,793.33 ($35.50).

A number of equities research analysts have recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 2,500 ($31.77) price target on shares of Anglo American in a research report on Friday, February 9th. Barclays reissued an “overweight” rating and set a GBX 2,630 ($33.43) target price on shares of Anglo American in a report on Friday, February 9th. Berenberg Bank boosted their price target on Anglo American from GBX 1,600 ($20.34) to GBX 3,000 ($38.13) and gave the company a “hold” rating in a research note on Wednesday, May 15th. Royal Bank of Canada increased their price objective on shares of Anglo American from GBX 2,300 ($29.23) to GBX 3,100 ($39.40) and gave the stock an “outperform” rating in a research note on Monday, May 13th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Anglo American in a research report on Tuesday, April 9th.

Anglo American Trading Down 1.2 %

Shares of Anglo American stock opened at GBX 2,615 ($33.24) on Friday. The company has a debt-to-equity ratio of 53.49, a quick ratio of 1.28 and a current ratio of 1.85. The firm has a 50-day moving average of GBX 2,320.82 and a 200-day moving average of GBX 2,051.83. Anglo American has a 52-week low of GBX 1,630 ($20.72) and a 52-week high of GBX 2,813 ($35.75). The stock has a market cap of £31.64 billion, a PE ratio of 14,527.78, a PEG ratio of 2.53 and a beta of 1.22.

Insider Activity at Anglo American

In other Anglo American news, 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 ($22.08), for a total value of £424,991.79 ($540,152.25). In other news, insider Duncan Wanblad sold 24,467 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 1,737 ($22.08), for a total transaction of £424,991.79 ($540,152.25). Also, insider John Heasley sold 12,085 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($28.27), for a total value of £268,770.40 ($341,599.39). 7.28% of the stock is currently owned by insiders.

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.