Insider Selling: Anglo American plc (LON:AAL) Insider Sells £542,267.04 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad sold 22,708 shares of Anglo American stock in a transaction dated Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.03), for a total value of £542,267.04 ($681,925.35).

Anglo American Price Performance

AAL opened at GBX 2,336 ($29.38) on Friday. The business’s 50-day moving average is GBX 2,420.89 and its two-hundred day moving average is GBX 2,345.20. Anglo American plc has a 1 year low of GBX 1,657.60 ($20.85) and a 1 year high of GBX 2,813 ($35.37). The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28. The firm has a market capitalization of £35.52 billion, a PE ratio of -21.51, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AAL. JPMorgan Chase & Co. lifted their price objective on Anglo American from GBX 2,160 ($27.16) to GBX 2,190 ($27.54) and gave the company a “neutral” rating in a report on Wednesday, February 19th. Citigroup restated a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. Finally, Berenberg Bank restated a “sell” rating and issued a GBX 2,100 ($26.41) price objective on shares of Anglo American in a report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,698.33 ($33.93).

About Anglo American

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.