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

Shares of Anglo American plc (LON:AAL) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,698.33 ($34.93).

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

Anglo American Stock Up 3.9 %

Shares of LON AAL opened at GBX 2,395.11 ($31.01) on Friday. The company’s 50 day moving average price is GBX 2,402.51 and its 200-day moving average price is GBX 2,357.55. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. Anglo American has a 52-week low of GBX 1,882.20 ($24.37) and a 52-week 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 price-to-earnings-growth ratio of 2.05 and a beta of 1.10.

Insider Transactions 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 transaction of £542,267.04 ($702,054.69). 9.78% of the stock is currently owned by insiders.

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.