Analysts Set Anglo American plc (LON:AAL) PT at GBX 2,822.86

Anglo American plc (LON:AAL) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,888.33 ($36.70).

A number of equities research analysts have issued reports on the company. Citigroup reaffirmed a “buy” rating and set a GBX 3,000 ($38.12) target price on shares of Anglo American in a research report on Friday, May 31st. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Anglo American in a research report on Tuesday, April 9th. Berenberg Bank reiterated a “hold” rating and set a GBX 3,000 ($38.12) price target on shares of Anglo American in a report on Wednesday, June 12th. Finally, Royal Bank of Canada upped their price target on Anglo American from GBX 2,300 ($29.22) to GBX 3,100 ($39.39) and gave the stock an “outperform” rating in a report on Monday, May 13th.

Anglo American Stock Up 0.2 %

Shares of Anglo American stock opened at GBX 2,472.50 ($31.42) on Wednesday. The stock has a market capitalization of £29.92 billion, a P/E ratio of 13,736.11, a PEG ratio of 2.48 and a beta of 1.22. The company has a quick ratio of 1.28, a current ratio of 1.85 and a debt-to-equity ratio of 53.49. The stock has a 50 day moving average price of GBX 2,494.63 and a two-hundred day moving average price of GBX 2,088.21. Anglo American has a 12-month low of GBX 1,630 ($20.71) and a 12-month high of GBX 2,813 ($35.74).

Insider Activity at Anglo American

In other Anglo American news, insider John Heasley sold 12,085 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,224 ($28.26), for a total transaction of £268,770.40 ($341,512.58). 9.94% of the stock is currently owned by corporate insiders.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.