Anglo American plc (LON:AAL) Given Consensus Recommendation of “Hold” by Analysts

Anglo American plc (LON:AAL) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 3,921.43.

Several equities analysts have recently issued reports on AAL shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 4,500 price objective on shares of Anglo American in a report on Friday, July 31st. JPMorgan Chase & Co. boosted their price target on Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a report on Friday, July 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a research note on Tuesday, June 9th. Finally, Berenberg Bank cut their target price on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a report on Friday, July 24th.

Anglo American Price Performance

LON:AAL opened at GBX 3,954 on Thursday. Anglo American has a one year low of GBX 2,496 and a one year high of GBX 4,348. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21. The firm has a market cap of £42.37 billion, a price-to-earnings ratio of -15.69, a PEG ratio of 2.05 and a beta of 0.99. The firm’s fifty day moving average is GBX 3,884.99 and its two-hundred day moving average is GBX 3,709.97.

Insiders Place Their Bets

In other news, insider Nonkululeko Nyembezi bought 194 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average cost of GBX 3,725 per share, with a total value of £7,226.50. Also, insider Stuart J. Chambers bought 487 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average price of GBX 3,725 per share, for a total transaction of £18,140.75. Over the last quarter, insiders bought 916 shares of company stock worth $3,413,113. Company insiders own 0.37% of the company’s stock.

Anglo American Company Profile

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.