Anglo American (LON:AAL) Receives Sell Rating from Berenberg Bank

Berenberg Bank reiterated their sell rating on shares of Anglo American (LON:AAL - Free Report) in a research report released on Wednesday morning, Marketbeat.com reports. Berenberg Bank currently has a GBX 2,100 ($27.48) price objective on the mining company's stock.

Other research analysts have also recently issued research reports about the stock. Citigroup reaffirmed a "top pick" rating on shares of Anglo American in a report on Thursday, December 12th. JPMorgan Chase & Co. raised their price objective on Anglo American from GBX 2,160 ($28.26) to GBX 2,190 ($28.65) and gave the company a "neutral" rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned 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 2,698.33 ($35.30).

Anglo American Stock Performance

Anglo American stock traded up GBX 34 ($0.44) during midday trading on Wednesday, hitting GBX 1,986.80 ($26.00). 2,459,605 shares of the company were exchanged, compared to its average volume of 4,053,835. Anglo American has a fifty-two week low of GBX 1,673.40 ($21.89) and a fifty-two week high of GBX 2,813 ($36.80). The firm has a market capitalization of £30.21 billion, a PE ratio of -18.30, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The business has a fifty day simple moving average of GBX 2,266.63 and a two-hundred day simple moving average of GBX 2,343.20. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98.

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Insider Activity

In other news, insider John Heasley sold 18,877 shares of Anglo American stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of GBX 2,133 ($27.91), for a total transaction of £402,646.41 ($526,817.23). Also, insider Duncan Wanblad sold 22,708 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($31.24), for a total transaction of £542,267.04 ($709,495.02). Company 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.