Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

3,633.00p
   
  • Change Today:
    109.50p
  • 52 Week High: 4,170.50
  • 52 Week Low: 2,470.50
  • Currency: UK Pounds
  • Shares Issued: 1,337.58m
  • Volume: 489,149
  • Market Cap: £48,594m
  • RiskGrade: 209

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 3,633.00p
Change Today 109.50p
% Change 3.11 %
52 Week High 4,170.50
52 Week Low 2,470.50
Volume 489,149
Shares Issued 1,337.58m
Market Cap £48,594m
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.55% above the market average84.55% above the market average84.55% above the market average84.55% above the market average84.55% above the market average
66.37% below the sector average66.37% below the sector average66.37% below the sector average66.37% below the sector average66.37% below the sector average
Price Trend
88.43% above the market average88.43% above the market average88.43% above the market average88.43% above the market average88.43% above the market average
90.28% above the sector average90.28% above the sector average90.28% above the sector average90.28% above the sector average90.28% above the sector average
Income
95.31% above the market average95.31% above the market average95.31% above the market average95.31% above the market average95.31% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Growth
37.27% below the market average37.27% below the market average37.27% below the market average37.27% below the market average37.27% below the market average
80.65% below the sector average80.65% below the sector average80.65% below the sector average80.65% below the sector average80.65% below the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 10
Sell 0
Strong Sell 1
Total 22
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
  Final Special
Ex-Div 17-Mar-22 17-Mar-22
Paid 26-Apr-22 26-Apr-22
Amount 118.00¢ 50.00¢

Trades for 23-May-2022

Time Volume / Share Price
11:37 450 @ 3,634.19p
11:37 5 @ 3,633.00p
11:37 26 @ 3,633.00p
11:37 565 @ 3,633.00p
11:37 117 @ 3,633.00p

Anglo American Key Personnel

Finance Director Stephen Pearce
Chair Stuart J Chambers
CEO Duncan Wanblad

Top of Page