Anglo American plc (LON:AAL) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Anglo American has a consensus analyst rating of “Hold” from seven research firms, with four buys, two holds, and one sell. The average 12-month price target is GBX 3,125.71.
• Recent analyst updates were mixed: UBS reiterated a buy rating, JPMorgan kept an underweight view while slightly raising its target, and Berenberg and Citigroup both lifted their price targets and maintained or upgraded to buy.
• The stock opened at GBX 3,834, near its 52-week high of GBX 3,940, and the company reported a market cap of £41.08 billion.

Anglo American plc (LON:AAL - Get Free Report) has received a consensus rating of "Hold" from the seven research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 3,125.71.

Several research firms have recently issued reports on AAL. UBS Group reaffirmed a "buy" rating and set a GBX 3,500 price target on shares of Anglo American in a research note on Friday, January 23rd. JPMorgan Chase & Co. raised their price target on shares of Anglo American from GBX 2,770 to GBX 2,780 and gave the company an "underweight" rating in a research note on Wednesday, April 29th. Berenberg Bank raised their price target on shares of Anglo American from GBX 3,600 to GBX 4,100 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Finally, Citigroup raised shares of Anglo American to a "buy" rating and raised their price target for the company from GBX 3,300 to GBX 4,500 in a research note on Monday, February 2nd.

Insider Buying and Selling at Anglo American

In other news, insider Anne Wade acquired 525 shares of the firm's stock in a transaction dated Monday, March 9th. The stock was bought at an average cost of GBX 3,050 per share, for a total transaction of £16,012.50. Insiders have acquired 542 shares of company stock worth $1,657,589 in the last ninety days. Corporate insiders own 0.43% of the company's stock.

Anglo American Price Performance

AAL stock opened at GBX 3,834 on Friday. The company has a fifty day moving average price of GBX 3,404.32 and a 200-day moving average price of GBX 3,205.58. The company has a market capitalization of £41.08 billion, a P/E ratio of -11.62, a PEG ratio of 2.05 and a beta of 0.94. Anglo American has a 52-week low of GBX 1,987.20 and a 52-week high of GBX 3,940. The company has a debt-to-equity ratio of 91.60, a quick ratio of 1.28 and a current ratio of 1.98.

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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