Anglo American plc (LON:AAL) insider Stuart J. Chambers bought 4,650 shares of the firm’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).
Shares of AAL stock traded up GBX 14.50 ($0.19) during mid-day trading on Friday, hitting GBX 2,152.50 ($28.13). 2,831,648 shares of the company’s stock were exchanged, compared to its average volume of 6,120,000. Anglo American plc has a fifty-two week low of GBX 1,433.80 ($18.74) and a fifty-two week high of GBX 2,294 ($29.98). The company has a 50-day simple moving average of GBX 2,081.55. The company has a current ratio of 1.95, a quick ratio of 1.25 and a debt-to-equity ratio of 30.44. The stock has a market capitalization of $30.24 billion and a PE ratio of 7.86.
A number of research firms have weighed in on AAL. JPMorgan Chase & Co. increased their price objective on from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the stock a “neutral” rating in a research report on Friday, July 5th. UBS Group cut CR AGRICOLE S A/ADR from a “buy” rating to a “neutral” rating in a research report on Monday, May 20th. Societe Generale raised Anglo American to a “buy” rating in a research report on Thursday, May 23rd. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 670 ($8.75) price objective on shares of in a research report on Friday, June 28th. Finally, Barclays reaffirmed an “underweight” rating on shares of in a research report on Thursday, July 4th. Three analysts have rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 2,132 ($27.86).
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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