Insider Buying: Anglo American plc (LON:AAL) Insider Purchases £17,100.16 in 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 price of GBX 2,464 ($31.26) per share, with a total value of £17,100.16 ($21,692.45).

Anglo American Trading Up 0.3 %

AAL stock opened at GBX 2,527.50 ($32.06) on Thursday. The stock has a market cap of £30.58 billion, a price-to-earnings ratio of 14,041.67, a PEG ratio of 2.48 and a beta of 1.22. The business’s 50-day moving average is GBX 2,516.93 and its 200 day moving average is GBX 2,096.98. 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 current ratio of 1.85, a quick ratio of 1.28 and a debt-to-equity ratio of 53.49.

Wall Street Analysts Forecast Growth

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