Anglo American (LON:AAL) Insider Acquires £180.90 in Stock

Anglo American plc (LON:AAL) insider John Heasley purchased 5 shares of the business’s stock in a transaction dated Tuesday, July 14th. The shares were purchased at an average cost of GBX 3,618 per share, for a total transaction of £180.90.

John Heasley also recently made the following trade(s):

• On Thursday, May 14th, John Heasley acquired 4 shares of Anglo American stock. The stock was purchased at an average cost of GBX 4,056 per share, for a total transaction of £162.24.

Anglo American Stock Down 2.5%

Anglo American stock opened at GBX 3,397 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.98 and a debt-to-equity ratio of 86.09. The company has a market capitalization of £36.40 billion, a PE ratio of -10.29, a PEG ratio of 2.05 and a beta of 0.97. The firm’s fifty day moving average is GBX 3,817.44 and its 200 day moving average is GBX 3,544.46. Anglo American plc has a 12-month low of GBX 2,042 and a 12-month high of GBX 4,239.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. raised their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a report on Friday, July 10th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 4,200 price target on shares of Anglo American in a research note on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Anglo American has a consensus rating of “Hold” and a consensus price target of GBX 3,681.25.

About Anglo American

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.