Anglo American (LON:AAL) Shares Down 10.4% - What's Next?

Anglo American plc (LON:AAL - Get Free Report)'s stock price was down 10.4% on Monday . The company traded as low as GBX 2,143 ($29.10) and last traded at GBX 2,220 ($30.15). Approximately 3,296,987 shares changed hands during 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 ($33.64).

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AAL shares. Berenberg Bank reaffirmed a "sell" rating and set a GBX 2,100 ($28.52) price target on shares of Anglo American in a research note on Wednesday, April 9th. JPMorgan Chase & Co. raised their price target on shares of Anglo American from GBX 2,160 ($29.33) to GBX 2,190 ($29.74) and gave the company a "neutral" rating in a report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Anglo American presently has a consensus rating of "Moderate Buy" and an average target price of GBX 2,522.50 ($34.25).

Anglo American Price Performance

The company's 50 day moving average price is GBX 2,075.41 and its 200-day moving average price is GBX 2,286.96. The company has a market cap of £34.88 billion, a price-to-earnings ratio of -21.12, a PEG ratio of 2.05 and a beta of 1.10. 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 Transactions at Anglo American

In other news, insider John Heasley sold 18,877 shares of Anglo American stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($28.97), for a total value of £402,646.41 ($546,776.77). Insiders have bought a total of 25 shares of company stock valued at $54,658 over the last ninety days. Corporate insiders own 9.78% of the company's stock.

Anglo American Company Profile

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.