Anglo American (LON:AAL) Insider Buys £7,073.29 in Stock

Key Points

• Anglo American insider Nonkululeko Nyembezi purchased 259 shares at an average cost of GBX 2,731, totaling £7,073.29.
• Analysts have differing views on Anglo American's stock, with target prices ranging from GBX 1,900 to GBX 2,600, showing a consensus rating of "Hold."
• The company’s stock showed a recent trading price of GBX 2,783.50, an increase of GBX 28.50 during trading on Tuesday.

Anglo American plc (LON:AAL - Get Free Report) insider Nonkululeko Nyembezi acquired 259 shares of the firm's stock in a transaction on Monday, September 29th. The shares were bought at an average cost of GBX 2,731 per share, for a total transaction of £7,073.29.

Anglo American Price Performance

LON AAL traded up GBX 28.50 during trading on Tuesday, reaching GBX 2,783.50. 3,105,346 shares of the company traded hands, compared to its average volume of 5,635,705. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. The stock's 50 day moving average price is GBX 2,316.20 and its two-hundred day moving average price is GBX 2,199.86. The company has a market cap of £29.75 billion, a price-to-earnings ratio of -713.24, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American plc has a 1-year low of GBX 1,900.01 and a 1-year high of GBX 2,999.77.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on AAL shares. Citigroup boosted their target price on Anglo American from GBX 2,200 to GBX 2,300 and gave the stock a "neutral" rating in a report on Monday, July 28th. Berenberg Bank raised Anglo American to a "hold" rating and boosted their target price for the stock from GBX 1,900 to GBX 2,300 in a report on Tuesday, September 9th. Royal Bank Of Canada reduced their target price on Anglo American from GBX 2,000 to GBX 1,900 and set a "sector perform" rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a GBX 1,980 target price on shares of Anglo American in a report on Wednesday, August 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 2,600 target price on shares of Anglo American in a report on Monday, July 28th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of GBX 2,216.

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.

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