Brokerages Set Anglo American plc (LON:AAL) Price Target at GBX 2,493.33

Shares of Anglo American plc (LON:AAL) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 2,493.33 ($31.32).

A number of brokerages have recently weighed in on AAL. Berenberg Bank reiterated a “hold” rating and set a GBX 1,600 ($20.10) price target on shares of Anglo American in a report on Tuesday, March 26th. Barclays reiterated an “overweight” rating and issued a GBX 2,630 ($33.04) target price on shares of Anglo American in a report on Friday, February 9th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,500 ($31.41) price target on shares of Anglo American in a report on Friday, February 9th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Anglo American in a research note on Tuesday, April 9th.

Insider Activity

In related news, insider Duncan Wanblad sold 24,467 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 1,737 ($21.82), for a total transaction of £424,991.79 ($533,909.28). In other news, insider Duncan Wanblad sold 24,467 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of GBX 1,737 ($21.82), for a total value of £424,991.79 ($533,909.28). Also, insider John Heasley sold 12,085 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,224 ($27.94), for a total transaction of £268,770.40 ($337,651.26). 7.27% of the stock is currently owned by company insiders.

Anglo American Stock Down 2.1 %

Shares of Anglo American stock opened at GBX 2,674 ($33.59) on Tuesday. Anglo American has a 12-month low of GBX 1,630 ($20.48) and a 12-month high of GBX 2,786 ($35.00). The firm has a market capitalization of £35.83 billion, a PE ratio of 14,963.89, a price-to-earnings-growth ratio of 1.76 and a beta of 1.30. The company has a quick ratio of 1.28, a current ratio of 1.85 and a debt-to-equity ratio of 53.49. The stock’s fifty day moving average is GBX 2,075.13 and its 200-day moving average is GBX 1,995.12.

Anglo American Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th were issued a dividend of $0.41 per share. This represents a yield of 1.89%. The ex-dividend date was Thursday, March 14th. Anglo American’s dividend payout ratio (DPR) is 42,777.78%.

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.