Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

2,717.00p
   
  • Change Today:
    -83.00p
  • 52 Week High: 3,444.00
  • 52 Week Low: 2,354.50
  • Currency: UK Pounds
  • Shares Issued: 1,346.19m
  • Volume: 3,823,780
  • Market Cap: £36,576m
  • RiskGrade: 209
  • Beta: 2.26

JP Morgan raises target prices for miners as tapering and reflation gather pace

By Alexander Bueso

Date: Friday 09 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at JP Morgan revised their target prices for several of the major London-listed mining groups on the back of their updated commodity price forecasts for the third quarter.


In a research note sent to clients, they said they had raised their forecasts for base metals prices, while keeping those for iron ore, coal and precious metals unchanged, as Fed tapering and the reflation trade gathered pace.

In turn, their target price for Anglo American's shares was marked up from 3,450.0p to 3,600.0p, while that for Antofagasta was raised from 1,270.0p to 1,490.0p, that for BHP from 2,780.0p to 2,810.0p and that for Glencore from 380.0p to 400.0p.

The latter three meanwhile were kept at 'overweight' with the recommendation for Anglo American shares unchanged at 'neutral'.

In the CEEMEA space on the other hand, they downgraded shares of Kazatomprom to 'neutral' following the recent strong share price performance.

They also cut their target prices for shares of South African gold miners in anticipation of a stronger rand and downgraded Harmony Gold to 'neutral'.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Anglo American Market Data

Currency UK Pounds
Share Price 2,717.00p
Change Today -83.00p
% Change -2.96 %
52 Week High 3,444.00
52 Week Low 2,354.50
Volume 3,823,780
Shares Issued 1,346.19m
Market Cap £36,576m
Beta 2.26
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
7.06% above the market average7.06% above the market average7.06% above the market average7.06% above the market average7.06% above the market average
40.15% above the sector average40.15% above the sector average40.15% above the sector average40.15% above the sector average40.15% above the sector average
Income
93.98% above the market average93.98% above the market average93.98% above the market average93.98% above the market average93.98% above the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average
Growth
8.63% above the market average8.63% above the market average8.63% above the market average8.63% above the market average8.63% above the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average

What The Brokers Say

Strong Buy 13
Buy 2
Neutral 4
Sell 0
Strong Sell 2
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Anglo American Dividends

  Latest Previous
  Special Interim
Ex-Div 19-Aug-21 19-Aug-21
Paid 24-Sep-21 24-Sep-21
Amount 80.00¢ 171.00¢

Trades for 03-Dec-2021

Time Volume / Share Price
16:44 1,436 @ 2,717.00p
16:35 1,172,771 @ 2,717.00p
16:29 342 @ 2,708.00p
16:29 37 @ 2,709.00p
16:29 230 @ 2,709.00p

Anglo American Key Personnel

CEO Mark Cutifani
Finance Director Stephen Pearce
Chair Stuart J Chambers

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