Anglo American plc (LON:AAL) Receives GBX 2,715 Average Price Target from Brokerages

Anglo American plc (LON:AAL) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 2,715 ($33.94).

A number of brokerages recently weighed in on AAL. Berenberg Bank reissued a “sell” rating and set a GBX 2,100 ($26.25) price objective on shares of Anglo American in a report on Thursday, October 24th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Finally, Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th.

Insider Buying and Selling at Anglo American

In other Anglo American news, insider Nonkululeko Nyembezi purchased 297 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of GBX 2,348 ($29.35) per share, with a total value of £6,973.56 ($8,718.04). 9.78% of the stock is currently owned by corporate insiders.

Anglo American Trading Up 5.2 %

LON AAL opened at GBX 2,454 ($30.68) on Thursday. 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’s 50-day simple moving average is GBX 2,431.27 and its two-hundred day simple moving average is GBX 2,332.68. Anglo American has a twelve month low of GBX 1,657.60 ($20.72) and a twelve month high of GBX 2,813 ($35.17). The company has a market capitalization of £29.69 billion, a price-to-earnings ratio of -2,359.62, a PEG ratio of 2.05 and a beta of 1.10.

About Anglo American

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.