Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

2,757.00p
   
  • Change Today:
    -5.50p
  • 52 Week High: 3,444.00
  • 52 Week Low: 1,796.40
  • Currency: UK Pounds
  • Shares Issued: 1,351.95m
  • Volume: 1,638,388
  • Market Cap: £37,273m
  • RiskGrade: 209

Barclays downgrades Anglo American to 'equal weight'

By Iain Gilbert

Date: Monday 20 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Barclays downgraded multinational mining company Anglo American to 'equal weight' and lowered their target price on its shares from 3,600.0p to 2,700.0p on Monday, stating there appeared to be "turbulence ahead" for the group.
Barclays said the collapse in iron ore, lump premiums and platinum group metal prices left Anglo American in-line with peers on a spot one-year forward price-to-earnings ratio, close to the widest P/E premium and narrowest sum-of-the-parts discount for the stock in five years.

The bank also highlighted that it was concerned that an air pocket in PGM demand triggered by chip shortages could last longer than the market assumes.

"We lower our PGM price deck by ~28% for '22 (EPS -19%). Along with our 'lower for longer' iron ore view, this leads us to downgrade AAL to EW ahead of what could prove a turbulent 6-12 months. We lower our PT by 25% to £27 based on 0.95x NPV (1.15x prev) to reflect these risks," said the analysts.

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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 2,757.00p
Change Today -5.50p
% Change -0.20 %
52 Week High 3,444.00
52 Week Low 1,796.40
Volume 1,638,388
Shares Issued 1,351.95m
Market Cap £37,273m
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.75% above the market average99.75% above the market average99.75% above the market average99.75% above the market average99.75% 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
18.21% above the market average18.21% above the market average18.21% above the market average18.21% above the market average18.21% above the market average
40.46% above the sector average40.46% above the sector average40.46% above the sector average40.46% above the sector average40.46% above the sector average
Income
93.75% above the market average93.75% above the market average93.75% above the market average93.75% above the market average93.75% above the market average
73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average
Growth
11.88% above the market average11.88% above the market average11.88% above the market average11.88% above the market average11.88% above the market average
70.49% below the sector average70.49% below the sector average70.49% below the sector average70.49% below the sector average70.49% below the sector average

What The Brokers Say

Strong Buy 12
Buy 2
Neutral 5
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 22-Oct-2021

Time Volume / Share Price
16:45 551 @ 2,756.00p
16:45 551 @ 2,756.00p
16:37 33 @ 2,757.00p
16:35 662,947 @ 2,757.00p
16:29 21 @ 2,756.00p

Anglo American Key Personnel

CEO Mark Cutifani
Finance Director Stephen Pearce
Chair Stuart J Chambers

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