Shares of Anglo American plc (LON:AAL - Get Free Report) dropped 10.4% during trading on Monday . The stock traded as low as GBX 2,143 ($28.99) and last traded at GBX 2,220 ($30.03). Approximately 3,296,987 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 3,716,995 shares. The stock had previously closed at GBX 2,477.11 ($33.51).
Analyst Upgrades and Downgrades
AAL has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Anglo American from GBX 2,160 ($29.22) to GBX 2,190 ($29.63) and gave the stock a "neutral" rating in a report on Wednesday, February 19th. Berenberg Bank reiterated a "sell" rating and issued a GBX 2,100 ($28.41) price target on shares of Anglo American in a research note on Wednesday, April 9th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,522.50 ($34.12).
Read Our Latest Stock Analysis on AAL
Anglo American Stock Down 3.3%
The firm has a market capitalization of £33.71 billion, a PE ratio of -20.42, a PEG ratio of 2.05 and a beta of 1.10. The company has a fifty day moving average price of GBX 2,078.38 and a 200-day moving average price of GBX 2,287.39. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98.
Insider Activity at Anglo American
In other news, insider John Heasley sold 18,877 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($28.86), for a total transaction of £402,646.41 ($544,705.64). Insiders have acquired a total of 25 shares of company stock valued at $54,658 over the last 90 days. 9.78% of the stock is owned by corporate insiders.
About Anglo American
(
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Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.
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