Analysts Set Anglo American plc (LON:AAL) Price Target at GBX 2,822.86

Shares of Anglo American plc (LON:AAL) have earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 2,888.33 ($36.64).

AAL has been the subject of a number of analyst reports. Citigroup reissued a “buy” rating and set a GBX 3,000 ($38.06) target price on shares of Anglo American in a research note on Friday, May 31st. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Anglo American in a research note on Tuesday, April 9th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 3,000 ($38.06) price objective on shares of Anglo American in a research note on Wednesday, June 12th. Finally, Royal Bank of Canada raised their price objective on Anglo American from GBX 2,300 ($29.18) to GBX 3,100 ($39.33) and gave the company an “outperform” rating in a research note on Monday, May 13th.

Insider Buying and Selling at Anglo American

In other Anglo American news, insider John Heasley sold 12,085 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,224 ($28.21), for a total transaction of £268,770.40 ($340,949.38). In other Anglo American news, insider John Heasley sold 12,085 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,224 ($28.21), for a total transaction of £268,770.40 ($340,949.38). Also, insider Stuart J. Chambers bought 694 shares of the stock in a transaction on Friday, June 21st. The shares were bought at an average price of GBX 2,464 ($31.26) per share, for a total transaction of £17,100.16 ($21,692.45). In the last 90 days, insiders have purchased 704 shares of company stock worth $1,735,051. 9.94% of the stock is owned by insiders.

Anglo American Stock Performance

Shares of AAL stock opened at GBX 2,548 ($32.32) on Wednesday. The company has a market cap of £30.83 billion, a price-to-earnings ratio of 14,000.00, a price-to-earnings-growth ratio of 2.48 and a beta of 1.22. The stock has a 50 day simple moving average of GBX 2,509.75 and a 200-day simple moving average of GBX 2,093.95. Anglo American has a 12-month low of GBX 1,630 ($20.68) and a 12-month high of GBX 2,813 ($35.68). The company has a current ratio of 1.85, a quick ratio of 1.28 and a debt-to-equity ratio of 53.49.

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.