Anglo American plc (LON:AAL) Receives GBX 2,110 Average PT from Brokerages

Anglo American plc (LON:AAL) has earned an average recommendation of “Hold” from the seventeen analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 2,003.33 ($26.18).

Several research firms recently issued reports on AAL. Barclays reissued an “equal weight” rating and set a GBX 2,000 ($26.13) price target on shares of Anglo American in a research report on Tuesday. Liberum Capital reissued a “hold” rating on shares of Anglo American in a research report on Friday, August 9th. UBS Group reissued a “sell” rating on shares of Anglo American in a research report on Friday, July 26th. Royal Bank of Canada reissued a “top pick” rating on shares of Anglo American in a research report on Friday, July 26th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Anglo American in a research report on Monday, July 15th.

In other Anglo American news, insider Stuart J. Chambers purchased 4,650 shares of the firm’s stock in a transaction dated Thursday, June 20th. The stock was bought at an average price of GBX 2,157 ($28.19) per share, with a total value of £100,300.50 ($131,060.37). Also, insider Byron Elmer Grote purchased 1,000 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was acquired at an average cost of GBX 2,214 ($28.93) per share, with a total value of £22,140 ($28,929.83). In the last three months, insiders bought 7,657 shares of company stock valued at $17,331,296.

Shares of AAL stock traded down GBX 30.80 ($0.40) on Friday, hitting GBX 1,696.20 ($22.16). 5,534,954 shares of the stock traded hands, compared to its average volume of 6,120,000. The company has a quick ratio of 1.55, a current ratio of 2.30 and a debt-to-equity ratio of 33.15. The company has a market cap of $23.74 billion and a P/E ratio of 5.30. Anglo American has a 1-year low of GBX 1,433.80 ($18.74) and a 1-year high of GBX 2,294 ($29.98). The stock’s fifty day moving average is GBX 2,086.21.

The firm also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 15th will be paid a $0.62 dividend. This is a boost from Anglo American’s previous dividend of $0.51. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 2.23%. Anglo American’s dividend payout ratio is presently 0.28%.

Anglo American Company Profile

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.

Further Reading: Does the discount rate affect the economy?

Analyst Recommendations for Anglo American (LON:AAL)

Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.