Anglo American plc (LON:AAL) Receives GBX 2,715 Average PT from Brokerages

Anglo American plc (LON:AAL) has earned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 2,715 ($34.42).

Several analysts recently weighed in on AAL shares. Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($26.62) price objective on shares of Anglo American in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft dropped their price target on Anglo American from GBX 2,900 ($36.76) to GBX 2,700 ($34.22) and set a “buy” rating on the stock in a research report on Monday, September 9th.

Anglo American Price Performance

AAL opened at GBX 2,318 ($29.38) on Friday. The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98. Anglo American has a 1-year low of GBX 1,630 ($20.66) and a 1-year high of GBX 2,813 ($35.66). The company has a 50-day moving average of GBX 2,285.36 and a 200-day moving average of GBX 2,370.65. The company has a market capitalization of £28.05 billion, a P/E ratio of -2,228.85, a PEG ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling

In other news, insider Marcelo Bastos bought 1,200 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was purchased at an average price of GBX 2,131 ($27.01) per share, for a total transaction of £25,572 ($32,414.75). Insiders purchased a total of 1,214 shares of company stock worth $2,587,104 in the last three months. 9.78% of the stock is owned by insiders.

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.