Anglo American (LON:AAL) Insider Stuart Chambers Acquires 642 Shares

Key Points

• Stuart Chambers, an insider at Anglo American, purchased 642 shares at an average cost of GBX 2,731 per share, totaling approximately £17,533.02.
• Anglo American's stock traded at GBX 2,783.50, experiencing a notable uptick during midday trading, while the company holds a market cap of £29.75 billion.
• Analyst ratings indicate a consensus of "Hold" with an average target price of GBX 2,216, reflecting mixed sentiment among brokerages regarding the stock's performance.

Anglo American plc (LON:AAL - Get Free Report) insider Stuart Chambers bought 642 shares of the stock in a transaction on Monday, September 29th. The stock was purchased at an average cost of GBX 2,731 per share, for a total transaction of £17,533.02.

Anglo American Stock Performance

AAL traded up GBX 28.50 during midday trading on Tuesday, reaching GBX 2,783.50. The company had a trading volume of 3,105,346 shares, compared to its average volume of 5,635,705. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The business has a 50-day moving average of GBX 2,316.20 and a two-hundred day moving average of GBX 2,199.86. The company has a market cap of £29.75 billion, a P/E 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.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AAL. JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 1,980 price target on shares of Anglo American in a research report on Wednesday, August 20th. Citigroup upped their price target on Anglo American from GBX 2,200 to GBX 2,300 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Royal Bank Of Canada reduced their price target on Anglo American from GBX 2,000 to GBX 1,900 and set a "sector perform" rating for the company in a research report on Monday, August 4th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 2,600 price target on shares of Anglo American in a research report on Monday, July 28th. Finally, Berenberg Bank raised Anglo American to a "hold" rating and lifted their target price for the company from GBX 1,900 to GBX 2,300 in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average 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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