Anglo American plc (LON:AAL) Stock Has Average Price Target of GBX 3,864.29 According to Brokerages

Anglo American plc (LON:AAL) has been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 3,864.29.

AAL has been the subject of several analyst reports. Berenberg Bank reissued a “hold” rating and set a GBX 4,300 price target on shares of Anglo American in a report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft dropped their target price on Anglo American from GBX 4,700 to GBX 3,900 and set a “buy” rating for the company in a research note on Wednesday, October 21st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research note on Friday, July 10th.

Anglo American Stock Performance

Shares of AAL stock opened at GBX 3,720 on Friday. The stock’s 50-day moving average price is GBX 4,001.57 and its 200 day moving average price is GBX 3,729.80. Anglo American has a 52-week low of GBX 2,639 and a 52-week high of GBX 4,643.80. The stock has a market capitalization of £39.86 billion, a PE ratio of -14.76, a price-to-earnings-growth ratio of 2.05 and a beta of 0.95. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59.

Insider Buying and Selling at Anglo American

In other Anglo American news, insider Nonkululeko Nyembezi bought 178 shares of Anglo American stock in a transaction dated Tuesday, September 29th. The stock was bought at an average cost of GBX 4,067 per share, for a total transaction of £7,239.26. Also, insider Stuart J. Chambers bought 446 shares of the company’s stock in a transaction dated Tuesday, September 29th. The stock was bought at an average cost of GBX 4,067 per share, with a total value of £18,138.82. Insiders have acquired a total of 841 shares of company stock valued at $3,417,995 in the last three months. Corporate insiders own 0.37% of the company’s stock.

About Anglo American

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.