Anglo American plc 16.8% Potential Upside Indicated by JP Morgan Cazenove

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Anglo American plc with EPIC/TICKER (LON:AAL) had its stock rating noted as ‘Upgrades’ 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 2550 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.8% from today’s opening price of 2182.5 GBX. Over the last 30 and 90 trading days the company share price has increased 155.5 points and increased 251.9 points respectively. The 52 week high share price is 2294 GBX while the year low share price is currently 1654.8 GBX.

Anglo American plc has a 50 day moving average of 2,042.05 GBX and the 200 Day Moving Average price is recorded at 2,019.24. There are currently 1,372,532,382 shares in issue with the average daily volume traded being 3,892,359. Market capitalisation for LON:AAL is £30,131,557,560 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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