Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

2,991.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 3,444.00
  • 52 Week Low: 2,354.50
  • Currency: UK Pounds
  • Shares Issued: 1,345.13m
  • Volume: 3,127,768
  • Market Cap: £40,233m
  • RiskGrade: 209
  • Beta: 2.31

RBC Capital upgrades Anglo American, downgrades BHP

By Michele Maatouk

Date: Wednesday 29 Sep 2021

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded miner Anglo American on Wednesday, but downgraded its stance on BHP.
The bank lifted Anglo American to 'outperform' from 'sector perform' but cut the price target to 3,450p from 3,600p

"With the shares having pulled back and platinum group metals prices stabilising, Anglo's diversified and growth-heavy portfolio of assets returns to our outperform list," RBC said.

It said the stock's valuation is attractive and higher metallurgical coal prices help to offset some of the iron ore price weakness.

"With the balance sheet in good shape, Anglo's portfolio places it in a strong position for the post-iron ore spike world," it added.

RBC downgraded BHP to 'sector perform' from 'outperform' and slashed the price target to 1,900p from 2,300p. It said that with the property cycle in China turning, BHP's excess cash flows have dissipated.

"The complications and uncertain dynamics of the DLC unification could see the recently accrued premium to the London line at risk," it said. "For global investors we see better options elsewhere and downgrade to sector perform."

Email this article to a friend

or share it with one of these popular networks:


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 2,991.00p
Change Today -4.00p
% Change -0.13 %
52 Week High 3,444.00
52 Week Low 2,354.50
Volume 3,127,768
Shares Issued 1,345.13m
Market Cap £40,233m
Beta 2.31
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
96.52% above the sector average96.52% above the sector average96.52% above the sector average96.52% above the sector average96.52% above the sector average
Price Trend
26.12% above the market average26.12% above the market average26.12% above the market average26.12% above the market average26.12% above the market average
66.42% above the sector average66.42% above the sector average66.42% above the sector average66.42% above the sector average66.42% above the sector average
Income
92.60% above the market average92.60% above the market average92.60% above the market average92.60% above the market average92.60% 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
8.09% above the market average8.09% above the market average8.09% above the market average8.09% above the market average8.09% 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 08-Dec-2021

Time Volume / Share Price
16:35 1,314,907 @ 2,991.00p
16:29 316 @ 2,983.50p
16:29 21 @ 2,982.50p
16:29 189 @ 2,982.00p
16:29 11 @ 2,982.00p

Anglo American Key Personnel

CEO Mark Cutifani
Finance Director Stephen Pearce
Chair Stuart J Chambers

Top of Page