Anglo American (LON:AAL) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Anglo American crossed above its 200-day moving average intraday (200‑day = GBX 3,158.91), trading as high as GBX 3,837 and last at GBX 3,635 on volume ~5.8M, though it was reported down about 3.8%.
• Analysts give the stock a consensus of “Moderate Buy” (4 Buy, 3 Hold) with an average price target of GBX 3,160; notable calls include Citigroup’s upgrade to Buy and a GBX 4,500 target, UBS at GBX 3,500 and Berenberg at GBX 3,900.
• Key fundamentals: market cap ~£38.95B, negative P/E (-11.02) and debt‑to‑equity of 91.6%, while insiders made small purchases (542 shares in the past 90 days) and own 0.37% of the stock.

Anglo American plc (LON:AAL - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,158.91 and traded as high as GBX 3,837. Anglo American shares last traded at GBX 3,635, with a volume of 5,811,567 shares trading hands.

Wall Street Analyst Weigh In

AAL has been the subject of a number of research reports. UBS Group restated a "buy" rating and set a GBX 3,500 target price on shares of Anglo American in a research report on Friday, January 23rd. Berenberg Bank cut their target price on shares of Anglo American from GBX 4,200 to GBX 3,900 and set a "buy" rating for the company in a research report on Thursday, March 5th. Finally, Citigroup upgraded shares of Anglo American to a "buy" rating and lifted their target price for the stock from GBX 3,300 to GBX 4,500 in a research report on Monday, February 2nd. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Anglo American presently has an average rating of "Moderate Buy" and an average price target of GBX 3,160.

Anglo American Trading Down 3.8%

The company has a debt-to-equity ratio of 91.60, a current ratio of 1.98 and a quick ratio of 1.28. The company has a market cap of £38.95 billion, a price-to-earnings ratio of -11.02, a PEG ratio of 2.05 and a beta of 0.94. The business's 50-day simple moving average is GBX 3,393.35 and its 200-day simple moving average is GBX 3,158.91.

Insider Transactions at Anglo American

In other Anglo American news, insider Anne Wade bought 525 shares of the business's stock in a transaction on Monday, March 9th. The stock was bought at an average price of GBX 3,050 per share, for a total transaction of £16,012.50. Insiders have bought a total of 542 shares of company stock worth $1,657,589 in the last ninety days. Insiders own 0.37% of the company's stock.

Anglo American Company Profile

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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