Panmure Gordon Reaffirms "Hold" Rating for Anglo American (LON:AAL)

Anglo American (LON:AAL - Get Free Report)'s stock had its "hold" rating reaffirmed by research analysts at Panmure Gordon in a report released on Sunday,Digital Look reports. They presently have a GBX 2,500 price objective on the mining company's stock. Panmure Gordon's price target indicates a potential downside of 11.25% from the stock's current price.Several other analysts also recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Anglo American from GBX 2,760 to GBX 3,220 and gave the company a "neutral" rating in a research note on Wednesday, December 3rd. Berenberg Bank increased their price objective on shares of Anglo American from GBX 3,000 to GBX 3,100 and gave the company a "buy" rating in a report on Thursday, October 30th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of GBX 2,603.33.Get Anglo American alerts:Read Our Latest Analysis on Anglo AmericanAnglo American Price PerformanceLON:AAL opened at GBX 2,817 on Friday. The business's 50-day simple moving average is GBX 2,852.60 and its two-hundred day simple moving average is GBX 2,478.89. Anglo American has a 52 week low of GBX 1,900.01 and a 52 week high of GBX 3,051. The stock has a market cap of £30.06 billion, a PE ratio of -7.22, a P/E/G ratio of 2.05 and a beta of 1.10. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. Insider Buying and Selling at Anglo AmericanIn other news, insider Marcelo Bastos acquired 870 shares of the company's stock in a transaction on Tuesday, November 18th. The stock was bought at an average cost of GBX 2,838 per share, with a total value of £24,690.60. Also, insider Stuart J. Chambers acquired 642 shares of the business's stock in a transaction on Monday, September 29th. The shares were purchased at an average price of GBX 2,731 per share, for a total transaction of £17,533.02. Insiders bought a total of 2,054 shares of company stock worth $5,702,472 in the last 90 days. 0.43% of the stock is currently owned by insiders. Anglo American Company Profile (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.See AlsoFive stocks we like better than Anglo AmericanWhat is the Dogs of the Dow Strategy? Overview and Examples3 Finance Stocks to Buy on Rising 10-Year Treasury RatesWhat is an Earnings Surprise? Disney's $1 Billion Deal Brings Its Magic to OpenAIGrowth Investing: Should You Adopt This Investing Strategy in 2022?Why Amazon Could Be a $300 Stock Within WeeksThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Anglo American Right Now?Before you consider Anglo American, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Anglo American wasn't on the list.While Anglo American currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here