Anglo American plc (LON:AAL) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of Anglo American plc (LON:AAL - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eight ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,715 ($34.63).

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Anglo American in a research report on Friday, November 22nd. Berenberg Bank reaffirmed a "sell" rating and set a GBX 2,100 ($26.79) price objective on shares of Anglo American in a report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Anglo American from GBX 2,900 ($36.99) to GBX 2,700 ($34.44) and set a "buy" rating for the company in a research report on Monday, September 9th.

Insider Activity

In other Anglo American news, insider Marcelo Bastos purchased 1,200 shares of Anglo American stock in a transaction that occurred on Tuesday, September 24th. The shares were bought at an average price of GBX 2,131 ($27.18) per share, for a total transaction of £25,572 ($32,621.51). Over the last 90 days, insiders purchased 1,214 shares of company stock valued at $2,587,104. 9.78% of the stock is currently owned by company insiders.

Anglo American Price Performance

Shares of LON:AAL traded up GBX 45 ($0.57) on Wednesday, hitting GBX 2,550 ($32.53). The company's stock had a trading volume of 1,896,455 shares, compared to its average volume of 6,017,826. Anglo American has a 1 year low of GBX 1,647.80 ($21.02) and a 1 year high of GBX 2,813 ($35.88). The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The company has a market capitalization of £30.86 billion, a PE ratio of -2,451.92, a PEG ratio of 2.05 and a beta of 1.10. The company has a 50-day simple moving average of GBX 2,387.07 and a 200 day simple moving average of GBX 2,355.39.

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.