Liberum Capital Downgrades Anglo American (LON:AAL) to Sell

Liberum Capital cut shares of Anglo American (LON:AAL) to a sell rating in a research report report published on Thursday morning, Digital Look reports. They currently have GBX 1,500 ($19.60) target price on the mining company’s stock.

A number of other analysts also recently weighed in on AAL. HSBC upgraded shares of Anglo American to a buy rating in a report on Tuesday, May 28th. Credit Suisse Group restated an outperform rating on shares of Anglo American in a report on Monday, July 22nd. Citigroup restated a buy rating and issued a GBX 2,300 ($30.05) target price on shares of Anglo American in a report on Thursday, May 16th. UBS Group restated a sell rating on shares of Anglo American in a report on Friday, July 26th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Anglo American from GBX 2,280 ($29.79) to GBX 2,230 ($29.14) and set a neutral rating on the stock in a report on Monday, August 12th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 2,148 ($28.07).

Anglo American stock opened at GBX 1,666.60 ($21.78) on Thursday. The company’s 50-day moving average price is GBX 1,990.93 and its 200-day moving average price is GBX 2,022.24. Anglo American has a twelve month low of GBX 1,433.80 ($18.74) and a twelve month high of GBX 2,294 ($29.98). 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 $23.06 billion and a PE ratio of 5.21.

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

In other news, insider Stuart J. Chambers purchased 4,650 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The stock was purchased at an average cost 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 company’s stock in a transaction that occurred on Monday, August 5th. The shares were purchased at an average cost of GBX 2,214 ($28.93) per share, with a total value of £22,140 ($28,929.83). Over the last ninety days, insiders have purchased 7,665 shares of company stock valued at $17,346,104.

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.

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Analyst Recommendations for Anglo American (LON:AAL)

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