Anglo American plc (LON:AAL - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,602.92 and traded as high as GBX 4,064. Anglo American shares last traded at GBX 4,033.38, with a volume of 2,932,955 shares traded.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. Jefferies Financial Group restated a "buy" rating and set a GBX 5,000 price target on shares of Anglo American in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 4,500 target price on shares of Anglo American in a research report on Friday, July 31st. 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 research note on Friday, July 10th. Finally, Berenberg Bank cut their price objective on Anglo American from GBX 4,200 to GBX 4,100 and set a "hold" rating on the stock in a research note on Friday, July 24th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of GBX 3,921.43.
Get Our Latest Analysis on AAL
Anglo American Stock Up 1.4%
The company has a market cap of £43.22 billion, a P/E ratio of -16.01, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27. The stock has a fifty day moving average price of GBX 3,766.17 and a two-hundred day moving average price of GBX 3,602.92.
Insider Buying and Selling
In other news, insider Nonkululeko Nyembezi bought 194 shares of the company's stock in a transaction on Tuesday, June 23rd. The shares were purchased at an average price of GBX 3,725 per share, with a total value of £7,226.50. Also, insider Stuart J. Chambers acquired 487 shares of Anglo American stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average price of GBX 3,725 per share, with a total value of £18,140.75. Over the last ninety days, insiders have bought 912 shares of company stock worth $3,399,843. 0.43% of the stock is owned by insiders.
About Anglo American
(
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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.
Further Reading
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