Anglo American’s (AAL) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Anglo American (LON:AAL) in a research report report published on Friday morning, Marketbeat.com reports.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of Anglo American from GBX 2,900 ($36.42) to GBX 2,700 ($33.91) and set a “buy” rating for the company in a research report on Monday, September 9th. Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.38) price objective on shares of Anglo American in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 2,715 ($34.10).

Anglo American Stock Up 1.4 %

Anglo American stock opened at GBX 2,391 ($30.03) on Friday. The firm has a market cap of £28.93 billion, a price-to-earnings ratio of -2,299.04, a P/E/G ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. Anglo American has a fifty-two week low of GBX 1,630 ($20.47) and a fifty-two week high of GBX 2,813 ($35.33). The firm has a fifty day moving average price of GBX 2,313.55 and a two-hundred day moving average price of GBX 2,367.22.

Insider Buying and Selling

In other news, insider Marcelo Bastos acquired 1,200 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were purchased at an average cost of GBX 2,131 ($26.76) per share, with a total value of £25,572 ($32,117.56). Insiders acquired 1,214 shares of company stock valued at $2,587,104 over the last quarter. Corporate insiders own 9.78% of the company’s stock.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.