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

Anglo American plc (LON:AAL) has been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,698.33 ($34.93).

A number of research firms have issued reports on AAL. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. Berenberg Bank restated a “sell” rating and issued a GBX 2,100 ($27.19) target price on shares of Anglo American in a research note on Tuesday, February 18th. Finally, JPMorgan Chase & Co. boosted their price target on Anglo American from GBX 2,160 ($27.96) to GBX 2,190 ($28.35) and gave the company a “neutral” rating in a research note on Wednesday, February 19th.

Anglo American Stock Performance

Shares of Anglo American stock opened at GBX 2,300 ($29.78) on Friday. The company has a 50 day moving average price of GBX 2,398.24 and a 200 day moving average price of GBX 2,357.38. The firm has a market capitalization of £34.98 billion, a P/E ratio of -21.18, a PEG ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. Anglo American has a 52 week low of GBX 1,960.60 ($25.38) and a 52 week high of GBX 2,813 ($36.42).

Insider Activity at Anglo American

In other Anglo American news, insider Duncan Wanblad sold 22,708 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($30.92), for a total value of £542,267.04 ($702,054.69). 9.78% of the stock is currently owned by corporate insiders.

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.