Anglo American plc 8.5% Potential Upside Indicated by RBC Capital Markets

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 ‘TOP PICK’ this morning 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 a target price of 2400 GBX on its stock. This is indicating the analyst believes there is a potential upside of 8.5% from today’s opening price of 2213 GBX. Over the last 30 and 90 trading days the company share price has increased 305.8 points and increased 123 points respectively. The 52 week high for the stock is 2229.5 GBX while the year low stock price is currently 1433.64 GBX.

Anglo American plc has a 50 day moving average of 2,027.30 GBX and a 200 Day Moving Average share price is recorded at 1,892.41. There are currently 2,112,071,796 shares in issue with the average daily volume traded being 3,689,005. Market capitalisation for LON:AAL is £31,228,992,380 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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