Anglo American (LON:AAL) Insider Stuart Chambers Buys 446 Shares of Company Stock

Anglo American plc (LON:AAL) insider Stuart Chambers bought 446 shares of the stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average price of GBX 4,067 per share, with a total value of £18,138.82.

Anglo American Trading Up 1.7%

Shares of LON AAL traded up GBX 68 during midday trading on Wednesday, hitting GBX 4,060. The company’s stock had a trading volume of 3,907,312 shares, compared to its average volume of 31,853,762. The business’s 50 day moving average is GBX 3,980.61 and its two-hundred day moving average is GBX 3,749.58. The firm has a market cap of £43.50 billion, a P/E ratio of -16.11, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. The company has a current ratio of 2.21, a quick ratio of 1.27 and a debt-to-equity ratio of 100.59. Anglo American plc has a 12-month low of GBX 2,639 and a 12-month high of GBX 4,348.

Analyst Ratings Changes

Several research firms recently weighed in on AAL. Berenberg Bank decreased their price objective on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a report on Friday, July 24th. Jefferies Financial Group restated a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research note on Tuesday, June 9th. JPMorgan Chase & Co. raised their price target on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Anglo American currently has an average rating of “Hold” and an average target price of GBX 3,921.43.

Anglo American Company Profile

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.