Anglo American plc (LON:AAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Anglo American plc (LON:AAL) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 2,698.33 ($34.93).

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

Anglo American Stock Down 0.9 %

Shares of LON:AAL opened at GBX 2,300 ($29.78) on Friday. Anglo American has a 52-week low of GBX 1,960.60 ($25.38) and a 52-week high of GBX 2,813 ($36.42). The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The business has a fifty day moving average of GBX 2,398.24 and a two-hundred day moving average of GBX 2,357.38. The stock has a market cap of £34.98 billion, a P/E ratio of -21.18, a PEG ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling

In other Anglo American news, insider Duncan Wanblad sold 22,708 shares of Anglo American stock in a transaction dated Monday, February 24th. The stock was sold at an average price of GBX 2,388 ($30.92), for a total value of £542,267.04 ($702,054.69). 9.78% of the stock is currently owned by corporate 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.