Anglo American plc 13.3% Potential Upside Indicated by Deutsche Bank

Broker Ratings

Anglo American plc with EPIC/TICKER (LON:AAL) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Anglo American plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 2400 GBX on its stock. This is indicating the analyst believes there is a potential upside of 13.3% from the opening price of 2119 GBX. Over the last 30 and 90 trading days the company share price has increased 113 points and increased 404 points respectively. The 52 week high for the stock is 2133 GBX while the 52 week low is 1433.64 GBX.

Anglo American plc has a 50 day moving average of 1,983.38 GBX and the 200 Day Moving Average price is recorded at 1,761.27. There are currently 1,405,071,009 shares in issue with the average daily volume traded being 4,354,089. Market capitalisation for LON:AAL is £29,594,724,060 GBP.

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    Anglo American completes its integration of Vale's Serpentina iron ore into the Minas-Rio project, enhancing premium iron ore production in Brazil.
    Anglo American has entered agreements to sell its steelmaking coal business to Peabody Energy for up to $4.9 billion, streamlining its portfolio.
    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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