Anglo American (LON:AAL) Insider Buys £7,239.26 in Stock

Key Points

• Anglo American insider Nonkululeko Nyembezi purchased 178 shares at GBX 4,067 each, representing a total investment of £7,239.26.
• The stock recently traded at GBX 4,060, near its one-year high of GBX 4,348, with a market capitalization of approximately £43.5 billion.
• Analyst sentiment is mixed: four analysts rate the stock a Buy, two rate it Hold and one rates it Sell, resulting in a consensus Hold rating and an average price target of GBX 3,921.43.

Anglo American plc (LON:AAL - Get Free Report) insider Nonkululeko Nyembezi bought 178 shares of the firm's stock in a transaction that occurred on Tuesday, September 29th. The stock was purchased at an average cost of GBX 4,067 per share, with a total value of £7,239.26.

Anglo American Stock Performance

Anglo American stock traded up GBX 68 during trading hours on Wednesday, hitting GBX 4,060. The company had a trading volume of 3,907,312 shares, compared to its average volume of 31,853,762. Anglo American plc has a one year low of GBX 2,639 and a one year high of GBX 4,348. The firm has a market cap of £43.50 billion, a PE ratio of -16.11, a PEG ratio of 2.05 and a beta of 0.99. The firm has a 50-day moving average of GBX 3,980.61 and a 200 day moving average of GBX 3,749.58. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27.

Analyst Ratings Changes

Several brokerages recently issued reports on AAL. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 4,500 price target on shares of Anglo American in a report 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 for the company in a research note on Friday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an "underweight" rating in a research note on Friday, July 10th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.