Duncan Wanblad Buys 3 Shares of Anglo American (LON:AAL) Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad acquired 3 shares of the business’s stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of GBX 3,834 per share, with a total value of £115.02.

Duncan Wanblad also recently made the following trade(s):

• On Tuesday, July 14th, Duncan Wanblad bought 3 shares of Anglo American stock. The shares were acquired at an average price of GBX 3,618 per share, for a total transaction of £108.54.
• On Monday, June 15th, Duncan Wanblad bought 3 shares of Anglo American stock. The shares were acquired at an average cost of GBX 4,119 per share, for a total transaction of £123.57.

Anglo American Stock Performance

Shares of AAL traded up GBX 72.75 during mid-day trading on Monday, hitting GBX 3,922.75. 10,133,527 shares of the company’s stock were exchanged, compared to its average volume of 36,064,199. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. Anglo American plc has a 52 week low of GBX 2,123 and a 52 week high of GBX 4,239. The stock’s 50-day simple moving average is GBX 3,756.20 and its 200-day simple moving average is GBX 3,632.48. The firm has a market cap of £42.03 billion, a price-to-earnings ratio of -15.57, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97.

Analysts Set New Price Targets

Several brokerages have weighed in on AAL. JPMorgan Chase & Co. lifted their price objective 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 4,500 target price on shares of Anglo American in a report on Friday, July 31st. Berenberg Bank decreased their price target on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating on the stock in a research report on Friday, July 24th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,000 price target on shares of Anglo American in a research note on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 3,921.43.

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.