Anglo American (LON:AAL) Insider Buys £7,239.26 in Stock

Anglo American plc (LON:AAL) insider Nonkululeko Nyembezi bought 178 shares of the firm’s stock in a transaction that occurred on Tuesday, September 29th. The stock was purchased at an average cost of GBX 4,067 per share, with a total value of £7,239.26.

Anglo American Stock Performance

Anglo American stock traded up GBX 68 during trading hours on Wednesday, hitting GBX 4,060. The company had a trading volume of 3,907,312 shares, compared to its average volume of 31,853,762. Anglo American plc has a one year low of GBX 2,639 and a one year high of GBX 4,348. The firm has a market cap of £43.50 billion, a PE ratio of -16.11, a PEG ratio of 2.05 and a beta of 0.99. The firm has a 50-day moving average of GBX 3,980.61 and a 200 day moving average of GBX 3,749.58. The company has a debt-to-equity ratio of 100.59, a current ratio of 2.21 and a quick ratio of 1.27.

Analyst Ratings Changes

Several brokerages recently issued reports on AAL. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 4,500 price target on shares of Anglo American in a report on Friday, July 31st. Berenberg Bank dropped their price target on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a research note on Friday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research note on Friday, July 10th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 3,921.43.

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.