Anglo American (LON:AAL) Insider Buys £149.52 in Stock

Key Points

• Insider John Heasley purchased 7 shares of Anglo American stock for a total of £149.52 ($202.77) on August 14th, with previous trades of similar amounts made in July and June.
• Anglo American's stock price recently declined by 2.3%, trading at GBX 2,131 ($28.90), with a market cap of £32.41 billion.
• Wall Street analysts offer mixed ratings on the stock, with one "buy," three "holds," and one "sell," while the consensus target price is GBX 2,156 ($29.24).

Anglo American plc (LON:AAL - Get Free Report) insider John Heasley acquired 7 shares of Anglo American stock in a transaction on Thursday, August 14th. The shares were purchased at an average price of GBX 2,136 per share, with a total value of £149.52.

John Heasley also recently made the following trade(s):

• On Monday, July 14th, John Heasley acquired 7 shares of Anglo American stock. The shares were purchased at an average price of GBX 2,243 per share, with a total value of £157.01.
• On Thursday, June 19th, John Heasley acquired 7 shares of Anglo American stock. The shares were purchased at an average price of GBX 2,149 per share, with a total value of £150.43.

Anglo American Stock Performance

Shares of LON AAL traded down GBX 9.21 during trading on Friday, reaching GBX 2,171.79. 5,364,296 shares of the company traded hands, compared to its average volume of 3,674,846. The firm has a 50 day simple moving average of GBX 2,175.70 and a 200-day simple moving average of GBX 2,193.42. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The stock has a market capitalization of £33.03 billion, a PE ratio of -20.00, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American plc has a 52-week low of GBX 1,900.01 and a 52-week high of GBX 2,999.77.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AAL. Berenberg Bank reaffirmed a "sell" rating and set a GBX 1,900 price target on shares of Anglo American in a report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 2,600 price target on shares of Anglo American in a report on Monday, July 28th. Citigroup raised their price target on shares of Anglo American from GBX 2,200 to GBX 2,300 and gave the company a "neutral" rating in a report on Monday, July 28th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 1,980 price target on shares of Anglo American in a report on Wednesday. Finally, Royal Bank Of Canada dropped their price target on shares of Anglo American from GBX 2,000 to GBX 1,900 and set a "sector perform" rating on the stock in a report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Anglo American presently has a consensus rating of "Hold" and a consensus target price of GBX 2,136.

About Anglo American

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.