Anglo American plc (LON:AAL) insider Nonkululeko Nyembezi acquired 319 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of GBX 1,551 ($20.40) per share, with a total value of £4,947.69 ($6,508.41).
LON:AAL traded down GBX 31.80 ($0.42) during mid-day trading on Friday, reaching GBX 1,569.60 ($20.65). 3,732,762 shares of the stock were exchanged, compared to its average volume of 6,120,000. The stock has a market capitalization of $21.39 billion and a P/E ratio of 5.69. Anglo American plc has a 1 year low of GBX 1,018.20 ($13.39) and a 1 year high of GBX 2,294 ($30.18). The company has a 50 day simple moving average of GBX 1,412.89 and a 200-day simple moving average of GBX 1,785.76. The company has a quick ratio of 1.19, a current ratio of 1.94 and a debt-to-equity ratio of 34.20.
AAL has been the topic of several analyst reports. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Anglo American in a report on Monday, February 17th. Societe Generale upgraded shares of Anglo American to a “buy” rating and reduced their price objective for the company from GBX 2,230 ($29.33) to GBX 1,900 ($24.99) in a report on Thursday, April 23rd. Oddo Securities lowered their target price on shares of Anglo American from GBX 2,500 ($32.89) to GBX 2,400 ($31.57) and set a “buy” rating for the company in a research note on Tuesday, March 10th. DZ Bank cut their price target on Anglo American from GBX 1,610 ($21.18) to GBX 1,150 ($15.13) and set a “sell” rating on the stock in a research note on Wednesday, April 8th. Finally, Royal Bank of Canada lowered their price objective on Anglo American from GBX 1,500 ($19.73) to GBX 1,450 ($19.07) and set a “sector performer” rating for the company in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 1,824.67 ($24.00).
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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