Anglo American plc (LON:AAL) Receives Consensus Rating of "Moderate Buy" from Analysts

Anglo American plc (LON:AAL - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,715 ($35.25).

AAL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Anglo American from GBX 2,900 ($37.65) to GBX 2,700 ($35.06) and set a "buy" rating on the stock in a report on Monday, September 9th. JPMorgan Chase & Co. dropped their price target on Anglo American from GBX 2,735 ($35.51) to GBX 2,590 ($33.63) and set an "overweight" rating on the stock in a report on Wednesday, July 3rd. Berenberg Bank restated a "sell" rating and set a GBX 2,100 ($27.27) price target on shares of Anglo American in a research report on Friday, July 26th. Finally, Bank of America restated a "buy" rating and set a GBX 3,100 ($40.25) price target on shares of Anglo American in a research note on Wednesday, June 26th.

Anglo American Price Performance

Shares of AAL stock traded up GBX 17 ($0.22) on Tuesday, hitting GBX 2,379.50 ($30.89). 1,224,230 shares of the company's stock were exchanged, compared to its average volume of 6,560,235. The stock has a market cap of £28.79 billion, a P/E ratio of -2,287.98, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. Anglo American has a 12 month low of GBX 1,630 ($21.16) and a 12 month high of GBX 2,813 ($36.52). The company has a 50 day moving average of GBX 2,235.69 and a 200 day moving average of GBX 2,340.78.

Anglo American Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, August 15th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a yield of 1.46%. This is an increase from Anglo American's previous dividend of $0.41. Anglo American's dividend payout ratio is currently -6,250.00%.

Insider Buying and Selling at Anglo American

In other Anglo American news, insider Marcelo Bastos acquired 1,200 shares of the business's stock in a transaction dated Tuesday, September 24th. The shares were purchased at an average price of GBX 2,131 ($27.67) per share, for a total transaction of £25,572 ($33,201.77). Insiders have acquired 1,214 shares of company stock valued at $2,587,244 in the last quarter. 9.78% of the stock is owned by insiders.

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.