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

Shares of Anglo American plc (LON:AAL) have received a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to 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 ($34.52).

Several research firms have recently commented on AAL. Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.70) price target on shares of Anglo American in a research report on Thursday, October 24th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Anglo American in a research report on Friday, November 22nd. Citigroup reiterated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Anglo American from GBX 2,900 ($36.87) to GBX 2,700 ($34.32) and set a “buy” rating on the stock in a report on Monday, September 9th.

Anglo American Price Performance

Shares of AAL stock opened at GBX 2,424 ($30.82) on Wednesday. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The company has a market capitalization of £29.33 billion, a PE ratio of -2,336.54, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The firm’s 50-day moving average is GBX 2,391.97 and its two-hundred day moving average is GBX 2,348.13. Anglo American has a 12 month low of GBX 1,657.60 ($21.07) and a 12 month high of GBX 2,813 ($35.76).

Insider Activity at Anglo American

In other Anglo American news, insider Marcelo Bastos acquired 1,200 shares of the stock in a transaction dated Tuesday, September 24th. The stock was acquired at an average price of GBX 2,131 ($27.09) per share, with a total value of £25,572 ($32,509.53). Company insiders own 9.78% of the company’s stock.

About Anglo American

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.