Insider Buying: Anglo American plc (LON:AAL) Insider Purchases 694 Shares of Stock

Anglo American plc (LON:AAL) insider Stuart J. Chambers acquired 694 shares of Anglo American stock in a transaction that occurred on Friday, June 21st. The shares were purchased at an average cost of GBX 2,464 ($31.26) per share, for a total transaction of £17,100.16 ($21,692.45).

Anglo American Price Performance

LON AAL opened at GBX 2,527.50 ($32.06) on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.85 and a debt-to-equity ratio of 53.49. Anglo American plc 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 market capitalization of £30.58 billion, a PE ratio of 14,041.67, a price-to-earnings-growth ratio of 2.48 and a beta of 1.22. The firm’s 50 day moving average is GBX 2,516.93 and its 200-day moving average is GBX 2,096.98.

Analyst Ratings Changes

Several research analysts recently weighed in on AAL shares. Citigroup reissued a “buy” rating and set a GBX 3,000 ($38.06) price objective on shares of Anglo American in a research note on Friday, May 31st. Bank of America restated a “buy” rating and set a GBX 3,100 ($39.33) target price on shares of Anglo American in a report on Wednesday. JPMorgan Chase & Co. restated an “overweight” rating on shares of Anglo American in a report on Tuesday, April 9th. Royal Bank of Canada raised their target price on shares of Anglo American from GBX 2,300 ($29.18) to GBX 3,100 ($39.33) and gave the stock an “outperform” rating in a report on Monday, May 13th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 3,000 ($38.06) target price on shares of Anglo American in a report on Wednesday, June 12th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,918.57 ($37.02).

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.