Anglo American plc 16.6% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Anglo American plc using EPIC/TICKER code (LON:AAL) had its stock rating noted as ‘Reiterates’ 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 their target price at 2500 GBX on its stock. This is indicating the analyst believes there is a potential upside of 16.6% from today’s opening price of 2143.5 GBX. Over the last 30 and 90 trading days the company share price has increased 134 points and decreased 75 points respectively. The 1 year high stock price is 2294 GBX while the 52 week low for the stock is 1433.64 GBX.

Anglo American plc has a 50 day moving average of 2,053.74 GBX and a 200 day moving average of 1,912.19. There are currently 1,405,079,530 shares in issue with the average daily volume traded being 3,904,365. Market capitalisation for LON:AAL is £30,240,610,000 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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