Anglo American plc (LON:AAL) Given Average Rating of "Hold" by Analysts

Key Points

• Anglo American has a consensus “Hold” rating from seven analysts: four rate it a buy, two recommend holding, and one assigns a sell rating. The average 12-month price target is GBX 3,921.43.
• The shares opened at GBX 4,175 after declining 3.0%, with a 52-week range of GBX 2,480 to GBX 4,348 and a market capitalization of approximately £44.73 billion.
• Company insiders have recently purchased shares, including transactions by Stuart J. Chambers and Magali Anderson; insiders bought 912 shares worth approximately $3.4 million over the past three months.

Shares of Anglo American plc (LON:AAL - Get Free Report) have received a consensus rating of "Hold" from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 3,921.43.

AAL has been the subject of a number of research reports. JPMorgan Chase & Co. raised their target price on Anglo American from GBX 3,160 to GBX 3,350 and gave the company an "underweight" rating in a research note on Friday, July 10th. Berenberg Bank reduced their price target on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a "hold" rating on the stock in a research report on Friday, July 24th. Jefferies Financial Group reissued a "buy" rating and set a GBX 5,000 price objective on shares of Anglo American in a report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 4,500 price objective on shares of Anglo American in a research report on Friday, July 31st.

Anglo American Trading Down 3.0%

Shares of AAL opened at GBX 4,175 on Thursday. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21. The company has a market cap of £44.73 billion, a price-to-earnings ratio of -16.57, a PEG ratio of 2.05 and a beta of 0.99. The stock has a fifty day moving average price of GBX 3,862.54 and a two-hundred day moving average price of GBX 3,702.48. Anglo American has a 52-week low of GBX 2,480 and a 52-week high of GBX 4,348.

Insider Activity

In related news, insider Stuart J. Chambers purchased 487 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was acquired at an average price of GBX 3,725 per share, with a total value of £18,140.75. Also, insider Magali Anderson purchased 213 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was bought at an average cost of GBX 3,725 per share, with a total value of £7,934.25. Insiders have purchased 912 shares of company stock valued at $3,398,289 over the last three months. 0.37% of the stock is 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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