Anglo American (LON:AAL) Insider Purchases 446 Shares of Stock

Key Points

• Insider purchase: Anglo American director Stuart Chambers bought 446 shares at GBX 4,067 each, totaling approximately £18,139.
• Stock performance: Shares rose 1.7% to GBX 4,060, near the 50-day moving average and below the one-year high of GBX 4,348.
• Analyst view: Ratings remain mixed, resulting in a consensus “Hold” recommendation and an average price target of GBX 3,921.43.

Anglo American plc (LON:AAL - Get Free Report) insider Stuart Chambers acquired 446 shares of the business's stock in a transaction dated Tuesday, September 29th. The shares were bought at an average cost of GBX 4,067 per share, for a total transaction of £18,138.82.

Anglo American Stock Up 1.7%

Shares of LON:AAL traded up GBX 68 during trading on Wednesday, reaching GBX 4,060. 3,907,312 shares of the stock were exchanged, compared to its average volume of 31,853,762. 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 stock has a fifty day moving average of GBX 3,980.61 and a two-hundred day moving average of GBX 3,749.58. The firm has a market cap of £43.50 billion, a price-to-earnings ratio of -16.11, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. Anglo American plc has a 1-year low of GBX 2,639 and a 1-year high of GBX 4,348.

Analyst Upgrades and Downgrades

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