Anglo American plc 42.5% 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 ‘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 2650 GBX on its stock. This would imply the analyst believes there is now a potential upside of 42.5% from today’s opening price of 1860.2 GBX. Over the last 30 and 90 trading days the company share price has increased 432.8 points and increased 316 points respectively. The 1 year high stock price is 2294 GBX while the year low stock price is currently 1018.2 GBX.

Anglo American plc has a 50 day moving average of 1,509.93 GBX and the 200 Day Moving Average price is recorded at 1,860.79. There are currently 1,363,065,008 shares in issue with the average daily volume traded being 5,045,343. Market capitalisation for LON:AAL is £25,602,446,735 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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