Anglo American plc (LON:AAL) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Anglo American plc (LON:AAL - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and seven have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 2,715 ($34.22).

AAL has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of Anglo American from GBX 2,900 ($36.55) to GBX 2,700 ($34.03) and set a "buy" rating on the stock in a report on Monday, September 9th. Berenberg Bank reissued a "sell" rating and set a GBX 2,100 ($26.47) target price on shares of Anglo American in a research report on Thursday, October 24th.

Anglo American Stock Up 1.6 %

AAL traded up GBX 36.50 ($0.46) during mid-day trading on Friday, reaching GBX 2,280.50 ($28.74). 1,989,220 shares of the stock were exchanged, compared to its average volume of 6,288,980. Anglo American has a 1 year low of GBX 1,630 ($20.54) and a 1 year high of GBX 2,813 ($35.45). The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98. The stock has a market capitalization of £27.59 billion, a PE ratio of -2,192.79, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a 50 day moving average price of GBX 2,285.36 and a two-hundred day moving average price of GBX 2,369.21.

Insider Activity

In other news, insider Marcelo Bastos purchased 1,200 shares of the business's stock in a transaction dated Tuesday, September 24th. The stock was bought at an average price of GBX 2,131 ($26.86) per share, for a total transaction of £25,572 ($32,226.84). Insiders own 9.78% of the company's stock.

Anglo American Company Profile

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.