Anglo American plc 14.7% 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 their target price at 2270 GBX on its stock. This would imply the analyst believes there is now a potential upside of 14.7% from today’s opening price of 1978.4 GBX. Over the last 30 and 90 trading days the company share price has increased 207.6 points and increased 256.4 points respectively. The 1 year high stock price is 1995 GBX while the year low stock price is currently 1433.64 GBX.

Anglo American plc has a 50 day moving average of 1,754.69 GBX and a 200 Day Moving Average share price is recorded at 1,722.87. There are currently 1,404,921,479 shares in issue with the average daily volume traded being 4,452,970. Market capitalisation for LON:AAL is £27,693,142,354 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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