Duncan Wanblad Acquires 4 Shares of Anglo American (LON:AAL) Stock

Key Points

• Insider purchase: Anglo American insider Duncan Wanblad bought 4 shares at GBX 3,883 each, a transaction worth £155.32. This follows smaller purchases in July and August.
• Shares gained 1.8%: Anglo American stock reached GBX 3,930.71, near the analyst consensus target of GBX 3,921.43. The company has a £42.12 billion market capitalization and trades between a 52-week range of GBX 2,496 to GBX 4,348.
• Mixed analyst outlook: Analysts’ ratings include four Buys, two Holds and one Sell, resulting in an overall “Hold” consensus despite price targets ranging from GBX 3,350 to GBX 5,000.

Anglo American plc (LON:AAL - Get Free Report) insider Duncan Wanblad acquired 4 shares of the business's stock in a transaction dated Monday, September 14th. The shares were bought at an average price of GBX 3,883 per share, for a total transaction of £155.32.

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

• On Friday, August 14th, Duncan Wanblad acquired 3 shares of Anglo American stock. The stock was acquired at an average cost of GBX 3,834 per share, with a total value of £115.02.
• On Tuesday, July 14th, Duncan Wanblad bought 3 shares of Anglo American stock. The shares were bought at an average price of GBX 3,618 per share, for a total transaction of £108.54.

Anglo American Stock Up 1.8%

Shares of LON AAL traded up GBX 67.71 during midday trading on Wednesday, reaching GBX 3,930.71. 2,791,240 shares of the company's stock were exchanged, compared to its average volume of 33,472,031. The business's fifty day moving average price is GBX 3,876.64 and its two-hundred day moving average price is GBX 3,708.68. Anglo American plc has a 52-week low of GBX 2,496 and a 52-week high of GBX 4,348. The stock has a market capitalization of £42.12 billion, a PE ratio of -15.60, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21.

Analyst Upgrades and Downgrades

AAL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. increased their price objective 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. Berenberg Bank cut their price objective on Anglo American from GBX 4,200 to GBX 4,100 and set a "hold" rating for the company in a research report on Friday, July 24th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 5,000 target price on shares of Anglo American in a research report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft reissued 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 investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently 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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