Anglo American plc (AAL.L) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analysts have a consensus “Hold” rating on Anglo American, with four buys, two holds and one sell among seven firms. The average 12-month price target is GBX 3,864.29.
• Recent recommendations were mixed: Deutsche Bank maintained a “Buy” despite cutting its target to GBX 3,900, while JPMorgan raised its target to GBX 3,350 but kept an “Underweight” rating.
• Anglo American shares opened at GBX 3,879, versus a 52-week range of GBX 2,639 to GBX 4,643.80; insiders have purchased 841 shares worth approximately £3.4 million over the past three months.

Anglo American plc (LON:AAL - Get Free Report) has received a consensus recommendation of "Hold" from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 3,864.29.

Several analysts have recently commented on the company. Berenberg Bank reissued a "hold" rating and issued a GBX 4,300 price objective on shares of Anglo American in a research note on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft cut their target price on Anglo American from GBX 4,700 to GBX 3,900 and set a "buy" rating on the stock in a research report on Wednesday, October 21st. Finally, JPMorgan Chase & Co. upped their price target on Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an "underweight" rating in a report on Friday, July 10th.

Anglo American Price Performance

Shares of LON AAL opened at GBX 3,879 on Friday. The stock has a market cap of £41.56 billion, a price-to-earnings ratio of -15.39, a PEG ratio of 2.05 and a beta of 0.95. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21. Anglo American has a fifty-two week low of GBX 2,639 and a fifty-two week high of GBX 4,643.80. The firm's 50-day simple moving average is GBX 4,035.04 and its 200 day simple moving average is GBX 3,715.71.

Insiders Place Their Bets

In other news, insider Magali Anderson bought 196 shares of Anglo American stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average price of GBX 4,067 per share, for a total transaction of £7,971.32. Also, insider Nonkululeko Nyembezi bought 178 shares of Anglo American stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average price of GBX 4,067 per share, with a total value of £7,239.26. Insiders have bought 841 shares of company stock valued at $3,417,995 in the last three months. 0.37% of the stock is currently owned by insiders.

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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