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

Anglo American plc (LON:AAL) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 2,698.33 ($34.93).

Several research firms recently commented on AAL. Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($27.19) price objective on shares of Anglo American in a research note on Tuesday, February 18th. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. lifted their price objective on Anglo American from GBX 2,160 ($27.96) to GBX 2,190 ($28.35) and gave the stock a “neutral” rating in a report on Wednesday, February 19th.

Insider Buying and Selling at Anglo American

In other news, insider Duncan Wanblad sold 22,708 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.92), for a total value of £542,267.04 ($702,054.69). Insiders own 9.78% of the company’s stock.

Anglo American Stock Up 3.9 %

Anglo American stock opened at GBX 2,395.11 ($31.01) on Friday. The firm has a 50 day moving average price of GBX 2,402.51 and a 200-day moving average price of GBX 2,357.55. 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 twelve month low of GBX 1,882.20 ($24.37) and a twelve month high of GBX 2,813 ($36.42). The company has a market capitalization of £36.42 billion, a P/E ratio of -22.06, a P/E/G ratio of 2.05 and a beta of 1.10.

About Anglo American

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.