A number of other brokerages also recently commented on AAL. Shore Capital restated a not rated rating on shares of Anglo American in a research report on Thursday, October 3rd. Morgan Stanley reissued an overweight rating on shares of Anglo American in a report on Monday, July 15th. UBS Group reissued a sell rating and set a GBX 1,700 ($22.21) price target (down from GBX 1,800 ($23.52)) on shares of Anglo American in a report on Thursday, September 26th. Barclays reissued an equal weight rating and set a GBX 2,000 ($26.13) price target on shares of Anglo American in a report on Tuesday, August 13th. Finally, Deutsche Bank reissued a buy rating on shares of Anglo American in a research note on Friday, October 4th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 2,123.13 ($27.74).
Shares of Anglo American stock opened at GBX 1,984.60 ($25.93) on Tuesday. The company has a market cap of $27.32 billion and a P/E ratio of 6.20. The company has a debt-to-equity ratio of 33.15, a quick ratio of 1.55 and a current ratio of 2.30. Anglo American has a one year low of GBX 1,529.80 ($19.99) and a one year high of GBX 2,294 ($29.98). The firm has a fifty day moving average of GBX 1,831.61 and a two-hundred day moving average of GBX 1,988.88.
The business also recently declared a dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, August 15th were issued a $0.62 dividend. This represents a dividend yield of 2.23%. The ex-dividend date was Thursday, August 15th. This is an increase from Anglo American’s previous dividend of $0.51. Anglo American’s dividend payout ratio (DPR) is currently 0.28%.
In related news, insider Byron Elmer Grote bought 1,000 shares of the company’s stock in a transaction on Monday, August 5th. The stock was bought 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 acquired 3,023 shares of company stock valued at $7,331,550.
About Anglo American
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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