Anglo American plc (LON:AAL) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Anglo American has a consensus “Hold” rating from seven brokerages: four buys, two holds, and one sell. The average 12-month price target is GBX 3,921.43.
• Recent analyst views remain mixed, with price targets ranging from GBX 3,350 from JPMorgan, which maintained an “underweight” rating, to GBX 5,000 from Jefferies, which reiterated its “buy” rating.
• Insiders purchased 842 shares worth approximately £3.4 million over the past three months. The stock opened at GBX 4,097, near its 52-week high of GBX 4,348, with a market capitalization of about £43.9 billion.

Anglo American plc (LON:AAL - Get Free Report) has earned an average rating of "Hold" from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 3,921.43.

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. increased their price objective 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. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 4,500 target price on shares of Anglo American in a research note on Friday, July 31st. Berenberg Bank dropped 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 note on Friday, July 24th. Finally, Jefferies Financial Group restated a "buy" rating and set a GBX 5,000 price target on shares of Anglo American in a report on Tuesday, June 9th.

Insiders Place Their Bets

In other Anglo American news, insider Magali Anderson bought 196 shares of the stock in a transaction on Tuesday, September 29th. The shares were purchased at an average cost of GBX 4,067 per share, with a total value of £7,971.32. Also, insider Stuart J. Chambers bought 446 shares of the business's stock in a transaction on Tuesday, September 29th. The shares were bought at an average price of GBX 4,067 per share, for a total transaction of £18,138.82. Insiders have acquired 842 shares of company stock valued at $3,417,903 over the last three months. 0.37% of the stock is currently owned by insiders.

Anglo American Price Performance

AAL opened at GBX 4,097 on Monday. Anglo American has a fifty-two week low of GBX 2,639 and a fifty-two week high of GBX 4,348. The business has a 50-day moving average of GBX 4,006.61 and a 200-day moving average of GBX 3,768.13. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27. The company has a market capitalization of £43.90 billion, a PE ratio of -16.26, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99.

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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