Anglo American (LON:AAL) Earns “Sell” Rating from Berenberg Bank

Anglo American (LON:AAL)‘s stock had its “sell” rating restated by stock analysts at Berenberg Bank in a report released on Wednesday,London Stock Exchange reports. They presently have a GBX 2,100 ($26.83) price objective on the mining company’s stock. Berenberg Bank’s price objective indicates a potential upside of 18.14% from the stock’s current price.

AAL has been the topic of several other reports. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. JPMorgan Chase & Co. raised their price objective on Anglo American from GBX 2,160 ($27.60) to GBX 2,190 ($27.98) and gave the stock a “neutral” rating in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,698.33 ($34.48).

Anglo American Price Performance

AAL traded down GBX 79.20 ($1.01) during trading on Wednesday, hitting GBX 1,777.60 ($22.71). 78,623,172 shares of the stock traded hands, compared to its average volume of 5,104,965. The business has a 50 day moving average price of GBX 2,308.01 and a 200 day moving average price of GBX 2,348.15. The company has a market cap of £27.03 billion, a price-to-earnings ratio of -16.37, a PEG ratio of 2.05 and a beta of 1.10. Anglo American has a twelve month low of GBX 1,673.40 ($21.38) and a twelve month high of GBX 2,813 ($35.94). The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28.

Insider Activity at Anglo American

In other news, insider John Heasley sold 18,877 shares of Anglo American stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of GBX 2,133 ($27.26), for a total value of £402,646.41 ($514,498.35). Also, insider Duncan Wanblad sold 22,708 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.51), for a total transaction of £542,267.04 ($692,904.47). 9.78% of the stock is 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.