Brokerages Set Anglo American plc (LON:AAL) PT at GBX 2,715

Shares of Anglo American plc (LON:AAL) have been given an average recommendation of “Moderate Buy” by the eight analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 2,715 ($34.28).

Several research firms recently issued reports on AAL. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 2,100 ($26.52) price objective on shares of Anglo American in a research note on Thursday, October 24th. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research report on Thursday. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Anglo American from GBX 2,900 ($36.62) to GBX 2,700 ($34.09) and set a “buy” rating for the company in a report on Monday, September 9th.

Anglo American Price Performance

LON AAL opened at GBX 2,468.25 ($31.16) on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94. The stock has a market capitalization of £29.87 billion, a PE ratio of -2,365.87, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. Anglo American has a 12-month low of GBX 1,657.60 ($20.93) and a 12-month high of GBX 2,813 ($35.52). The company has a 50 day moving average price of GBX 2,391.98 and a two-hundred day moving average price of GBX 2,353.04.

Insider Activity at Anglo American

In related news, insider Marcelo Bastos bought 1,200 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was purchased at an average cost of GBX 2,131 ($26.91) per share, for a total transaction of £25,572 ($32,287.88). 9.78% of the stock is owned by corporate insiders.

Anglo American Company Profile

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.