Anglo American (LON:AAL) Stock Rating Reaffirmed by Berenberg Bank

Anglo American (LON:AAL – Get Rating)‘s stock had its “hold” rating reiterated by stock analysts at Berenberg Bank in a report issued on Thursday, May 25th, Marketbeat reports.

Other research analysts have also recently issued reports about the company. Citigroup reiterated a “top pick” rating on shares of Anglo American in a research note on Thursday, April 13th. JPMorgan Chase & Co. reduced their price objective on shares of Anglo American from GBX 3,500 ($43.51) to GBX 3,400 ($42.27) and set an “overweight” rating for the company in a research note on Wednesday, February 22nd. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 2,600 ($32.32) target price on shares of Anglo American in a research note on Wednesday, March 1st. Finally, Barclays reaffirmed an “equal weight” rating and issued a GBX 3,250 ($40.40) price target on shares of Anglo American in a research report on Friday, February 24th. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 3,170 ($39.41).

Anglo American Stock Down 0.1 %

Shares of Anglo American stock traded down GBX 2.50 ($0.03) during trading on Thursday, reaching GBX 2,457 ($30.54). The stock had a trading volume of 2,260,657 shares, compared to its average volume of 3,240,554. The stock has a fifty day moving average price of GBX 2,469.56 and a two-hundred day moving average price of GBX 2,921.93. Anglo American has a 52 week low of GBX 2,223.50 ($27.64) and a 52 week high of GBX 3,892 ($48.38). The company has a current ratio of 1.90, a quick ratio of 1.28 and a debt-to-equity ratio of 44.39. The company has a market capitalization of £32.92 billion, a price-to-earnings ratio of 824.50, a P/E/G ratio of 5.62 and a beta of 1.30.

Insider Activity at Anglo American

In other Anglo American news, insider Stuart J. Chambers purchased 661 shares of the business’s stock in a transaction dated Monday, March 27th. The shares were bought at an average price of GBX 2,493 ($30.99) per share, for a total transaction of £16,478.73 ($20,485.74). Insiders bought 672 shares of company stock worth $1,675,781 in the last ninety days. 7.29% of the stock is owned by company insiders.

About Anglo American

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Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.