Anglo American (LON:AAL) Receives Top Pick Rating from Citigroup

Anglo American (LON:AAL)‘s stock had its “top pick” rating restated by equities research analysts at Citigroup in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports.

Several other equities analysts have also issued reports on the company. Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.51) price target on shares of Anglo American in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft dropped their price objective on Anglo American from GBX 2,900 ($36.60) to GBX 2,700 ($34.08) and set a “buy” rating for the company in a report on Monday, September 9th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,715 ($34.27).

Anglo American Stock Performance

AAL stock opened at GBX 2,460.50 ($31.06) on Thursday. The company has a 50 day moving average price of GBX 2,391.56 and a 200 day moving average price of GBX 2,356.53. Anglo American has a fifty-two week low of GBX 1,657.60 ($20.92) and a fifty-two week high of GBX 2,813 ($35.50). The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The stock has a market capitalization of £29.77 billion, a PE ratio of -2,365.87, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10.

Insider Activity at Anglo American

In other news, insider Marcelo Bastos acquired 1,200 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was acquired at an average price of GBX 2,131 ($26.90) per share, for a total transaction of £25,572 ($32,275.65). Insiders have bought 1,214 shares of company stock worth $2,587,104 in the last ninety days. Company insiders own 9.78% of the company’s stock.

Anglo American Company Profile

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.