Anglo American (LON:AAL) Sets New 12-Month Low - What's Next?

Anglo American plc (LON:AAL - Get Free Report)'s stock price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 159.10 ($2.01) and last traded at GBX 2,490.50 ($31.43), with a volume of 9366582 shares. The stock had previously closed at GBX 2,522.50 ($31.84).

Wall Street Analysts Forecast Growth

AAL has been the topic of a number of research analyst reports. Berenberg Bank reissued a "sell" rating and set a GBX 2,100 ($26.51) price objective on shares of Anglo American in a report on Thursday, October 24th. Citigroup reiterated a "top pick" rating on shares of Anglo American in a research note on Thursday. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Anglo American in a report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Anglo American from GBX 2,900 ($36.60) to GBX 2,700 ($34.08) and set a "buy" rating on the stock in a research report on Monday, September 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,715 ($34.27).

Anglo American Trading Down 2.5 %

The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. The firm has a market cap of £29.77 billion, a price-to-earnings ratio of -2,365.87, a PEG ratio of 2.05 and a beta of 1.10. The company has a fifty day moving average price of GBX 2,391.56 and a 200-day moving average price of GBX 2,356.53.

Insider Buying and Selling at Anglo American

In other news, insider Marcelo Bastos purchased 1,200 shares of the company's stock in a transaction that occurred on Tuesday, September 24th. The shares were bought at an average price of GBX 2,131 ($26.90) per share, for a total transaction of £25,572 ($32,275.65). Over the last ninety days, insiders purchased 1,214 shares of company stock valued at $2,587,104. 9.78% of the stock is owned by company insiders.

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.