Berenberg Bank Reaffirms "Sell" Rating for Anglo American (LON:AAL)

Berenberg Bank reiterated their sell rating on shares of Anglo American (LON:AAL - Free Report) in a research report sent to investors on Monday morning, MarketBeat reports. The firm currently has a GBX 2,000 ($26.21) price target on the mining company's stock.

A number of other analysts also recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Anglo American from GBX 2,160 ($28.30) to GBX 2,190 ($28.69) and gave the company a "neutral" rating in a research report on Wednesday, February 19th. Citigroup reaffirmed a "top pick" rating on shares of Anglo American in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Anglo American has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,681.67 ($35.14).

Anglo American Trading Down 6.7 %

AAL traded down GBX 133.68 ($1.75) during trading on Monday, reaching GBX 1,870.32 ($24.51). 5,496,975 shares of the company's stock were exchanged, compared to its average volume of 3,969,721. The company's fifty day moving average price is GBX 2,354.26 and its 200-day moving average price is GBX 2,353.79. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. The firm has a market capitalization of £28.44 billion, a PE ratio of -17.22, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American has a fifty-two week low of GBX 1,802 ($23.61) and a fifty-two week high of GBX 2,813 ($36.86).

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Insiders Place Their Bets

In other Anglo American news, insider John Heasley sold 18,877 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($27.95), for a total value of £402,646.41 ($527,576.53). Also, insider Duncan Wanblad sold 22,708 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($31.29), for a total value of £542,267.04 ($710,517.61). Insiders own 9.78% of the company's stock.

Anglo American Company Profile

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.