Anglo American plc (LON:AAL) Receives GBX 2,512 Consensus Target Price from Analysts

Shares of Anglo American plc (LON:AAL) have been given an average rating of “Hold” by the five ratings firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,512.

A number of equities analysts have recently weighed in on the company. Berenberg Bank upgraded Anglo American to a “buy” rating and increased their target price for the stock from GBX 2,300 to GBX 3,000 in a research note on Tuesday, October 7th. Citigroup raised their target price on Anglo American from GBX 2,200 to GBX 2,300 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,600 price objective on shares of Anglo American in a research note on Monday, July 28th. Royal Bank Of Canada decreased their target price on Anglo American from GBX 2,000 to GBX 1,900 and set a “sector perform” rating for the company in a research report on Monday, August 4th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 2,760 price objective on shares of Anglo American in a research note on Thursday, October 16th.

Insider Activity at Anglo American

In other news, insider Stuart J. Chambers acquired 642 shares of the company’s stock in a transaction that occurred on Monday, September 29th. The shares were acquired at an average price of GBX 2,731 per share, for a total transaction of £17,533.02. Also, insider Nonkululeko Nyembezi acquired 259 shares of the company’s stock in a transaction that occurred on Monday, September 29th. The stock was purchased at an average price of GBX 2,731 per share, for a total transaction of £7,073.29. Over the last quarter, insiders have bought 1,188 shares of company stock worth $3,235,917. Insiders own 0.43% of the company’s stock.

Anglo American Price Performance

LON:AAL opened at GBX 2,863 on Monday. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The stock’s 50 day moving average price is GBX 2,570.92 and its two-hundred day moving average price is GBX 2,287.51. The firm has a market capitalization of £30.60 billion, a price-to-earnings ratio of -7.34, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American has a 12-month low of GBX 1,900.01 and a 12-month high of GBX 3,008.

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.