Anglo American plc (LON:AAL) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Brokerages rate Anglo American a "Moderate Buy" — seven analysts cover the stock (4 buys, 3 holds) with an average 1‑year target of GBX 3,160.
• Shares opened at GBX 3,481, trading above the analyst average target and near the 12‑month high of GBX 3,877; the company has a market cap of £37.3bn and a negative P/E of -10.55.
• Insider buying noted: Anne Wade purchased 525 shares at GBX 3,050 and insiders bought 534 shares (~$1.63m) last quarter, with insiders owning 0.37% of the stock.

Anglo American plc (LON:AAL - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven brokerages that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 3,160.

Several equities research analysts have recently issued reports on AAL shares. Berenberg Bank reduced their target price on Anglo American from GBX 4,200 to GBX 3,900 and set a "buy" rating on the stock in a report on Thursday, March 5th. Citigroup raised Anglo American to a "buy" rating and lifted their target price for the stock from GBX 3,300 to GBX 4,500 in a report on Monday, February 2nd. UBS Group reaffirmed a "buy" rating and issued a GBX 3,500 target price on shares of Anglo American in a report on Friday, January 23rd. Finally, Panmure Gordon reaffirmed a "hold" rating and issued a GBX 2,500 target price on shares of Anglo American in a report on Sunday, December 14th.

Insider Activity

In other news, insider Anne Wade bought 525 shares of Anglo American stock in a transaction dated Monday, March 9th. The shares were purchased at an average cost of GBX 3,050 per share, with a total value of £16,012.50. Insiders bought 534 shares of company stock valued at $1,628,853 over the last quarter. Insiders own 0.37% of the company's stock.

Anglo American Trading Down 0.7%

Shares of AAL stock opened at GBX 3,481 on Monday. Anglo American has a 12-month low of GBX 1,987.20 and a 12-month high of GBX 3,877. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 91.60. The stock's 50-day moving average price is GBX 3,388.27 and its 200-day moving average price is GBX 3,109.90. The stock has a market capitalization of £37.30 billion, a price-to-earnings ratio of -10.55, a price-to-earnings-growth ratio of 2.05 and a beta of 0.94.

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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