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

Anglo American plc (LON:AAL) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat reports. 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 issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 2,715 ($33.73).

Several analysts recently commented on AAL shares. Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($26.09) price target on shares of Anglo American in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Anglo American from GBX 2,900 ($36.02) to GBX 2,700 ($33.54) and set a “buy” rating on the stock in a report on Monday, September 9th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. Finally, Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th.

Anglo American Stock Down 1.5 %

Shares of Anglo American stock opened at GBX 2,346.50 ($29.15) on Friday. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. Anglo American has a 1 year low of GBX 1,657.60 ($20.59) and a 1 year high of GBX 2,813 ($34.94). The stock has a 50-day moving average price of GBX 2,394.96 and a 200 day moving average price of GBX 2,331.05. The company has a market cap of £28.39 billion, a P/E ratio of -2,256.25, a P/E/G ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling at Anglo American

In other news, insider Nonkululeko Nyembezi acquired 297 shares of Anglo American stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of GBX 2,348 ($29.17) per share, for a total transaction of £6,973.56 ($8,662.81). Corporate insiders own 9.78% of the company’s stock.

Anglo American Company Profile

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.