Anglo American (LON:AAL) Insider John Heasley Acquires 3 Shares

Key Points

• Insider purchase: Anglo American director John Heasley bought 3 shares at GBX 3,883 each, totaling £116.49. This follows purchases of 4 shares in August and 5 shares in July.
• Stock performance: Anglo American shares rose GBX 67.71 to GBX 3,930.71, within a 52-week range of GBX 2,496 to GBX 4,348. The company’s market capitalization is approximately £42.12 billion.
• Analyst outlook: Ratings are mixed, with four buys, two holds and one sell; the overall consensus is “Hold”, with an average price target of GBX 3,921.43.

Anglo American plc (LON:AAL - Get Free Report) insider John Heasley purchased 3 shares of the business's stock in a transaction dated Monday, September 14th. The stock was purchased at an average price of GBX 3,883 per share, for a total transaction of £116.49.

John Heasley also recently made the following trade(s):

• On Friday, August 14th, John Heasley acquired 4 shares of Anglo American stock. The shares were purchased at an average price of GBX 3,834 per share, with a total value of £153.36.
• On Tuesday, July 14th, John Heasley purchased 5 shares of Anglo American stock. The shares were bought at an average cost of GBX 3,618 per share, for a total transaction of £180.90.

Anglo American Price Performance

Shares of AAL stock traded up GBX 67.71 during trading hours on Wednesday, reaching GBX 3,930.71. The company's stock had a trading volume of 2,791,240 shares, compared to its average volume of 33,472,031. Anglo American plc has a fifty-two week low of GBX 2,496 and a fifty-two week high of GBX 4,348. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. The firm's 50 day simple moving average is GBX 3,876.64 and its 200-day simple moving average is GBX 3,708.68. The company has a market capitalization of £42.12 billion, a price-to-earnings ratio of -15.60, a PEG ratio of 2.05 and a beta of 0.99.

Analyst Upgrades and Downgrades

AAL has been the topic of a number of recent research reports. Jefferies Financial Group reissued a "buy" rating and set a GBX 5,000 price target on shares of Anglo American in a research note on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 4,500 price objective on shares of Anglo American in a research report on Friday, July 31st. Berenberg Bank decreased their price objective 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. Finally, JPMorgan Chase & Co. raised 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. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Anglo American currently has an average rating of "Hold" and an average 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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