Anglo American (LON:AAL) Earns Top Pick Rating from Citigroup

Citigroup restated their top pick rating on shares of Anglo American (LON:AAL) in a research note released on Thursday morning, MarketBeat reports.

Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Anglo American from GBX 2,900 ($36.76) to GBX 2,700 ($34.22) and set a “buy” rating on the stock in a research note on Monday, September 9th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Finally, Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($26.62) price objective on shares of Anglo American in a research note on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 2,715 ($34.42).

Anglo American Trading Down 1.3 %

Anglo American stock opened at GBX 2,490 ($31.56) on Thursday. The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98. The business’s 50-day simple moving average is GBX 2,391.56 and its 200-day simple moving average is GBX 2,356.53. The firm has a market capitalization of £30.13 billion, a PE ratio of -2,425.48, a PEG ratio of 2.05 and a beta of 1.10. Anglo American has a 52 week low of GBX 1,657.60 ($21.01) and a 52 week high of GBX 2,813 ($35.66).

Insider Activity at Anglo American

In related news, insider Marcelo Bastos acquired 1,200 shares of the stock in a transaction dated Tuesday, September 24th. The shares were bought at an average cost of GBX 2,131 ($27.01) per share, for a total transaction of £25,572 ($32,414.75). Insiders have bought 1,214 shares of company stock worth $2,587,104 over the last three months. Company 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.