John Heasley Acquires 4 Shares of Anglo American (LON:AAL) Stock

Key Points

• John Heasley, an insider at Anglo American, purchased 4 shares of the company's stock at an average cost of GBX 2,909 per share, totaling £116.36, on October 14th.
• Despite recent insider buying, Anglo American's stock is trading down 1.5% and has a market cap of £30.99 billion with a P/E ratio of -743.09.
• Analysts have varying ratings on AAL shares, with a consensus rating of "Hold" and an average target price of GBX 2,356.

Anglo American plc (LON:AAL - Get Free Report) insider John Heasley bought 4 shares of Anglo American stock in a transaction that occurred on Tuesday, October 14th. The shares were acquired at an average cost of GBX 2,909 per share, with a total value of £116.36.

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

• On Monday, September 15th, John Heasley bought 6 shares of Anglo American stock. The stock was bought at an average price of GBX 2,531 per share, for a total transaction of £151.86.
• On Thursday, August 14th, John Heasley purchased 7 shares of Anglo American stock. The stock was bought at an average cost of GBX 2,136 per share, with a total value of £149.52.

Anglo American Trading Down 1.5%

AAL stock opened at GBX 2,900 on Thursday. The company's 50-day simple moving average is GBX 2,472.03 and its 200-day simple moving average is GBX 2,245.47. Anglo American plc has a 52-week low of GBX 1,900.01 and a 52-week high of GBX 3,008. The firm has a market cap of £30.99 billion, a P/E ratio of -743.09, a PEG ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84.

Analyst Ratings Changes

Several equities analysts have issued reports on AAL shares. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 1,980 price objective on shares of Anglo American in a report on Wednesday, August 20th. Berenberg Bank upgraded Anglo American to a "buy" rating and boosted their price objective for the stock from GBX 2,300 to GBX 3,000 in a research note on Tuesday, October 7th. Citigroup boosted their price objective on Anglo American from GBX 2,200 to GBX 2,300 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 2,600 price target on shares of Anglo American in a research note on Monday, July 28th. Finally, Royal Bank Of Canada lowered their price target on Anglo American from GBX 2,000 to GBX 1,900 and set a "sector perform" rating on the stock in a research note on Monday, August 4th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Anglo American has an average rating of "Hold" and a consensus target price of GBX 2,356.

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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