Anglo American (LON:AAL) Insider Purchases 196 Shares of Stock

Key Points

• Insider purchase: Anglo American director Magali Anderson bought 196 shares at GBX 4,067 each, for a total investment of approximately £7,971.
• Stock performance: Shares rose 1.7% to GBX 4,060, with the company valued at approximately £43.5 billion. The stock has traded between GBX 2,639 and GBX 4,348 over the past year.
• Analyst outlook: Ratings are mixed, with four Buy, two Hold and one Sell recommendation; the consensus rating is “Hold” and the average price target is GBX 3,921.43.

Anglo American plc (LON:AAL - Get Free Report) insider Magali Anderson bought 196 shares of the stock in a transaction on Tuesday, September 29th. The stock was purchased at an average cost of GBX 4,067 per share, with a total value of £7,971.32.

Anglo American Trading Up 1.7%

Shares of AAL stock traded up GBX 68 during mid-day trading on Wednesday, reaching GBX 4,060. The company's stock had a trading volume of 3,907,312 shares, compared to its average volume of 31,853,762. The company's 50 day simple moving average is GBX 3,980.61 and its 200-day simple moving average is GBX 3,749.58. The firm has a market capitalization of £43.50 billion, a PE ratio of -16.11, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. Anglo American plc has a 12-month low of GBX 2,639 and a 12-month 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.

Analysts Set New Price Targets

A number of research analysts recently issued reports on AAL shares. JPMorgan Chase & Co. lifted their target price 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. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 5,000 target price on shares of Anglo American in a research report on Tuesday, June 9th. Berenberg Bank decreased their target price on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a "hold" rating for the company in a report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 4,500 price objective on shares of Anglo American in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of GBX 3,921.43.

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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