Anglo American (LON:AAL) Insider Buys £24,690.60 in Stock

Anglo American plc (LON:AAL) insider Marcelo Bastos bought 870 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average price of GBX 2,838 per share, with a total value of £24,690.60.

Anglo American Stock Down 0.6%

AAL opened at GBX 2,740.29 on Friday. The company has a market capitalization of £29.28 billion, a P/E ratio of -7.02, a P/E/G ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28. The firm’s fifty day moving average price is GBX 2,781.92 and its two-hundred day moving average price is GBX 2,395.64. Anglo American plc has a fifty-two week low of GBX 1,900.01 and a fifty-two week high of GBX 3,008.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Berenberg Bank lifted their target price on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a research report on Thursday, October 30th. Royal Bank Of Canada cut their price target on shares of Anglo American from GBX 2,000 to GBX 1,900 and set a “sector perform” rating for the company in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,600 price objective on shares of Anglo American in a research note on Monday, July 28th. 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. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 2,760 price target on shares of Anglo American in a research note on Thursday, October 16th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 2,532.

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.