Anglo American plc 31.2% 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’ 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 their target price at 2600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 31.2% from the opening price of 1981.4 GBX. Over the last 30 and 90 trading days the company share price has increased 208.4 points and increased 616.2 points respectively. The 52 week high for the share price is currently at 2283.69 GBX while the 52 week low for the share price is 1018.2 GBX.

Anglo American plc has a 50 day moving average of 1,768.03 GBX and a 200 day moving average of 1,861.44. There are currently 1,363,067,592 shares in issue with the average daily volume traded being 4,023,381. Market capitalisation for LON:AAL is £27,033,772,529 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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