Anglo American plc 14.5% Potential Upside Indicated by JP Morgan Cazenove

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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’ this morning 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 2210 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.5% from today’s opening price of 1930 GBX. Over the last 30 and 90 trading days the company share price has increased 219.6 points and increased 170 points respectively. The 52 week high share price is 1948 GBX while the 52 week low for the share price is 1433.64 GBX.

Anglo American plc has a 50 day moving average of 1,741.51 GBX and the 200 Day Moving Average price is recorded at 1,719.98. There are currently 1,404,916,230 shares in issue with the average daily volume traded being 4,333,685. Market capitalisation for LON:AAL is £27,266,244,686 GBP.

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