Nonkululeko Nyembezi Buys 246 Shares of Anglo American (LON:AAL) Stock

Key Points

  • Insider Nonkululeko Nyembezi bought 246 shares of Anglo American on Dec 22 at an average price of GBX 2,882 (total ~£7,089.72), following a Sept 29 purchase of 259 shares at GBX 2,731.
  • Shares opened at GBX 2,993, trading above the 50‑day (GBX 2,854.60) and 200‑day (GBX 2,514.77) moving averages; the company has a market cap of £31.94bn and a negative PE (-7.67), reflecting current losses.
  • Analysts are mixed: JPMorgan and Berenberg recently raised targets to GBX 3,220 and GBX 3,100 respectively, but the consensus rating is a Hold with an average target of GBX 2,603.33, below the current price.

Anglo American plc (LON:AAL - Get Free Report) insider Nonkululeko Nyembezi bought 246 shares of the stock in a transaction dated Monday, December 22nd. The shares were acquired at an average price of GBX 2,882 per share, with a total value of £7,089.72.

Nonkululeko Nyembezi also recently made the following trade(s):

  • On Monday, September 29th, Nonkululeko Nyembezi acquired 259 shares of Anglo American stock. The shares were bought at an average cost of GBX 2,731 per share, with a total value of £7,073.29.

Anglo American Price Performance

Shares of LON:AAL opened at GBX 2,993 on Wednesday. The company has a market capitalization of £31.94 billion, a PE ratio of -7.67, a PEG ratio of 2.05 and a beta of 1.10. The business has a fifty day moving average price of GBX 2,854.60 and a 200-day moving average price of GBX 2,514.77. Anglo American plc has a 1-year low of GBX 1,900.01 and a 1-year high of GBX 3,051. The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28.

Wall Street Analyst Weigh In

A number of research firms recently commented on AAL. JPMorgan Chase & Co. upped their price objective on Anglo American from GBX 2,760 to GBX 3,220 and gave the company a "neutral" rating in a research report on Wednesday, December 3rd. Berenberg Bank raised their price target on Anglo American from GBX 3,000 to GBX 3,100 and gave the company a "buy" rating in a report on Thursday, October 30th. Finally, Panmure Gordon reaffirmed a "hold" rating and set a GBX 2,500 price objective on shares of Anglo American in a report on Sunday, December 14th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Anglo American currently has an average rating of "Hold" and an average target price of GBX 2,603.33.




Check Out Our Latest Stock Analysis on Anglo American

About Anglo American

(Get Free Report)

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends. Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.

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