Anglo American 21.8% Potential Upside Indicated by HSBC

Broker Ratings
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Anglo American with EPIC/TICKER (LON:AAL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Anglo American are listed in the Basic Materials sector within UK Main Market. HSBC have set their target price at 2375 GBX on its stock. This would imply the analyst believes there is now a potential upside of 21.8% from the opening price of 1950.2 GBX. Over the last 30 and 90 trading days the company share price has increased 79.4 points and decreased 269.8 points respectively. The 52 week high for the share price is currently at 2294 GBX while the year low share price is currently 1529.8 GBX.

Anglo American has a 50 day moving average of 1,856.87 GBX and a 200 Day Moving Average share price is recorded at 1,996.48. There are currently 1,376,268,759 shares in issue with the average daily volume traded being 6,312,464. Market capitalisation for LON:AAL is £27,468,184,512 GBP.

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    Anglo American agrees to sell its 33.3% stake in Jellinbah Group to Zashvin Pty Ltd for A$1.6 billion, aiming for completion in Q2 2025.

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