Duncan Wanblad Buys 3 Shares of Anglo American (LON:AAL) Stock

Key Points

• Insider purchase: Anglo American director Duncan Wanblad bought 3 shares at GBX 3,834 each, a £115.02 transaction. This follows similar purchases of 3 shares in June and July.
• Stock performance: Anglo American shares rose GBX 72.75 to GBX 3,922.75, near the analyst consensus target of GBX 3,921.43. The stock has traded between GBX 2,123 and GBX 4,239 over the past year.
• Analyst outlook: Broker views are mixed, ranging from “underweight” to “buy,” with price targets between GBX 3,350 and GBX 5,000. Overall, analysts assign the stock a consensus “Hold” rating.

Anglo American plc (LON:AAL - Get Free Report) insider Duncan Wanblad acquired 3 shares of the business's stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of GBX 3,834 per share, with a total value of £115.02.

Duncan Wanblad also recently made the following trade(s):

• On Tuesday, July 14th, Duncan Wanblad bought 3 shares of Anglo American stock. The shares were acquired at an average price of GBX 3,618 per share, for a total transaction of £108.54.
• On Monday, June 15th, Duncan Wanblad bought 3 shares of Anglo American stock. The shares were acquired at an average cost of GBX 4,119 per share, for a total transaction of £123.57.

Anglo American Stock Performance

Shares of AAL traded up GBX 72.75 during mid-day trading on Monday, hitting GBX 3,922.75. 10,133,527 shares of the company's stock were exchanged, compared to its average volume of 36,064,199. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. Anglo American plc has a 52 week low of GBX 2,123 and a 52 week high of GBX 4,239. The stock's 50-day simple moving average is GBX 3,756.20 and its 200-day simple moving average is GBX 3,632.48. The firm has a market cap of £42.03 billion, a price-to-earnings ratio of -15.57, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97.

Analysts Set New Price Targets

Several brokerages have weighed in on AAL. JPMorgan Chase & Co. lifted their price objective on Anglo American from GBX 3,160 to GBX 3,350 and gave the company an "underweight" rating in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 4,500 target price on shares of Anglo American in a report on Friday, July 31st. Berenberg Bank decreased their price target on 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. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 5,000 price target on shares of Anglo American in a research note on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of GBX 3,921.43.

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.

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