Anglo American plc 8.4% Potential Upside Indicated by RBC Capital Markets

Broker Ratings

Anglo American plc using EPIC/TICKER code (LON:AAL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. Anglo American plc are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set their target price at 2400 GBX on its stock. This would imply the analyst believes there is now a potential upside of 8.4% from today’s opening price of 2213.5 GBX. Over the last 30 and 90 trading days the company share price has increased 210 points and increased 407.5 points respectively. The 52 week high share price is 2224.5 GBX while the year low stock price is currently 1433.64 GBX.

Anglo American plc has a 50 day moving average of 2,026.15 GBX and the 200 Day Moving Average price is recorded at 1,778.64. There are currently shares in issue with the average daily volume traded being 4,095,528. Market capitalisation for LON:AAL is £31,046,213,520 GBP.

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    Anglo American completes its integration of Vale's Serpentina iron ore into the Minas-Rio project, enhancing premium iron ore production in Brazil.
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