Duncan Wanblad of Anglo American Acquires Shares
Duncan Wanblad, an insider at Anglo American plc (LON:AAL), recently purchased 6 shares of the company's stock on Friday, March 14th. The shares were acquired at an average price of GBX 2,325 ($30.20) each, resulting in a total investment of £139.50 ($181.19).
In addition to this purchase, Wanblad also made a significant sale earlier. On February 24th, he sold 22,708 shares of Anglo American at an average price of GBX 2,388 ($31.02), amounting to a total transaction value of £542,267.04 ($704,334.38).
Anglo American Stock Overview
On Tuesday, Anglo American's stock saw a slight increase, trading up by GBX 22.50 ($0.29), reaching GBX 2,366.50 ($30.74). During the day's trading, 415,291,188 shares were exchanged, significantly higher than the average volume of 11,572,965 shares. The company's current financial ratios paint a picture of a stable firm, with a current ratio of 1.98, a quick ratio of 1.28, and a debt-to-equity ratio of 78.84. Anglo American has a market capitalization of £35.99 billion and a P/E ratio of -21.79. Over the past year, the stock has fluctuated, with a low of GBX 1,801 ($23.39) and a high of GBX 2,835 ($36.82). The 50-day moving average stands at GBX 2,412.53, while the 200-day moving average is at GBX 2,353.49.
Analyst Opinions
Anglo American has recently attracted attention from analysts, with varying perspectives on the stock. JPMorgan Chase & Co. recently revised their target price for Anglo American, increasing it from GBX 2,160 ($28.06) to GBX 2,190 ($28.45), maintaining a "neutral" rating in their report. Meanwhile, Citigroup reaffirmed a "top pick" status for the shares in their research note. Conversely, Berenberg Bank issued a "sell" rating, setting a target price of GBX 2,100 ($27.28). Overall, ratings from analysts vary, with one rating holding, three recommending to buy, and one suggesting a strong buy. Currently, Anglo American holds an average rating of "Moderate Buy" and a consensus price target of GBX 2,698.33 ($35.05).
About Anglo American
Anglo American is recognized as a major player in the global mining industry. The company supplies essential products that contribute to many aspects of daily life. Their competitive operations and diverse range of development projects aim to provide crucial metals and minerals for a sustainable future, addressing the increasing demands of a growing population.
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