Anglo American (LON:AAL) Insider Magali Anderson Purchases 255 Shares

Key Points

• Insider Magali Anderson bought 255 shares of Anglo American at an average price of GBX 2,731, totaling £6,964.05 on September 29th.
• Shares of Anglo American traded up by 1.0% to reach GBX 2,783.50, with a market capitalization of £29.75 billion.
• Analysts currently hold an average rating of "Hold" for Anglo American, with a price target of GBX 2,216, reflecting mixed outlooks on the company's performance.

Anglo American plc (LON:AAL - Get Free Report) insider Magali Anderson bought 255 shares of the business's stock in a transaction dated Monday, September 29th. The shares were bought at an average cost of GBX 2,731 per share, for a total transaction of £6,964.05.

Anglo American Trading Up 1.0%

Shares of AAL traded up GBX 28.50 during trading hours 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's fifty 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 capitalization of £29.75 billion, a price-to-earnings ratio of -713.24, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. Anglo American plc has a 12 month low of GBX 1,900.01 and a 12 month high of GBX 2,999.77.

Wall Street Analysts Forecast Growth

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