Anglo American plc 11.7% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Anglo American plc with EPIC/TICKER (LON:AAL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Anglo American plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 2250 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.7% from the opening price of 2015 GBX. Over the last 30 and 90 trading days the company share price has increased 55 points and increased 358 points respectively. The 52 week high share price is 2078.5 GBX while the 52 week low for the stock is 1433.64 GBX.

Anglo American plc has a 50 day moving average of 1,895.96 GBX and the 200 Day Moving Average price is recorded at 1,740.49. There are currently 1,404,924,698 shares in issue with the average daily volume traded being 4,675,528. Market capitalisation for LON:AAL is £28,414,512,000 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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