Berenberg Bank Reiterates Sell Rating for Anglo American (LON:AAL)

Berenberg Bank restated their sell rating on shares of Anglo American (LON:AAL) in a research report sent to investors on Thursday, Marketbeat.com reports. They currently have a GBX 2,100 ($26.12) price objective on the mining company’s stock.

AAL has been the topic of a number of other reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a report on Friday, November 22nd. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Anglo American currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,715 ($33.76).

Anglo American Stock Up 0.8 %

Shares of LON AAL traded up GBX 19 ($0.24) during midday trading on Thursday, hitting GBX 2,469 ($30.71). 7,242,703 shares of the stock traded hands, compared to its average volume of 3,561,690. The company has a market cap of £29.87 billion, a PE ratio of -2,374.04, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American has a one year low of GBX 1,657.60 ($20.61) and a one year high of GBX 2,813 ($34.98). The business has a 50 day moving average price of GBX 2,432 and a two-hundred day moving average price of GBX 2,333.60. The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98.

Insider Activity at Anglo American

In other Anglo American news, insider Nonkululeko Nyembezi acquired 297 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was purchased at an average price of GBX 2,348 ($29.20) per share, with a total value of £6,973.56 ($8,672.50). 9.78% of the stock is owned by insiders.

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.