Anglo American plc (LON:AAL) Receives Average Rating of “Moderate Buy” from Brokerages

Anglo American plc (LON:AAL) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 2,715 ($33.41).

AAL has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a research report on Friday, November 22nd. Citigroup restated a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th. Finally, Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($25.84) target price on shares of Anglo American in a report on Thursday, October 24th.

Insiders Place Their Bets

In other Anglo American news, insider Nonkululeko Nyembezi acquired 297 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of GBX 2,348 ($28.89) per share, with a total value of £6,973.56 ($8,580.73). Corporate insiders own 9.78% of the company’s stock.

Anglo American Stock Up 0.7 %

Shares of LON AAL opened at GBX 2,455.50 ($30.21) on Friday. The company’s 50 day moving average price is GBX 2,395.66 and its 200-day moving average price is GBX 2,330.99. 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 52-week low of GBX 1,657.60 ($20.40) and a 52-week high of GBX 2,813 ($34.61). The company has a market capitalization of £29.71 billion, a P/E ratio of -2,361.06, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10.

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.