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Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 2,773.50
Bid: 2,784.00
Ask: 2,785.00
Change: 37.50 (1.37%)
Spread: 1.00 (0.036%)
Open: 2,760.00
High: 2,799.50
Low: 2,756.50
Prev. Close: 2,736.00
AAL Live PriceLast checked at -

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JPMorgan downgrades Ferrexpo but lifts price target

Wed, 15th Jul 2020 13:05

(Sharecast News) - JPMorgan Cazenove downgraded its stance on shares of iron ore company Ferrexpo to 'underweight' from 'neutral' on Wednesday following the recent rise in the share price, as it took a look at the metals and mining sector.
JPM, which lifted its price target on the stock to 150p from 130p, pointed to valuation and the risk of lower iron ore prices in the second half and 2021 following an 80% jump in the share price since March.

The bank said it remains most bullish on gold and its top EMEA picks are overweight-rated Polymetal, Polyus and Gold Fields.

It lifted its price target for Glencore to 200p from 180p but maintained its 'underweight' stance due to its perception of higher operating and regulatory risks.

JPM also boosted its price target on overweight-rated BHP to 1,950p from 1,830p, and on neutral-rated Rio Tinto to 5,440p from 5,140p, citing higher iron ore and base metals prices.

However, it cut the price target on overweight-rates Anglo American to 2,600p from 2,650p due to weakness in coal, diamonds and supply risks in South Africa and South America.

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European shares kick off last week of 2023 higher

STOXX 600 up 0.3%

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27 Dec 2023 17:04

Rate-cut optimism, autos push UK stocks higher

FTSE 100 up 0.4%, FTSE 250 adds 0.5%

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27 Dec 2023 17:02

LONDON MARKET CLOSE: Stocks start week higher as 2024 draws to close

(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024.

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27 Dec 2023 14:25

London close: Stocks maintain gains amid post-Christmas rally

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, buoyed by a global surge in stock prices as the S&P 500 neared an all-time high on Wall Street.

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27 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks hold onto gains amid US rate cut hopes

(Alliance News) - London's FTSE 100 index was outperforming other European stock-price measures at midday on Wednesday, boosted by gains for miners and industrials.

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27 Dec 2023 11:20

London midday: Stocks ride global wave of post-Christmas optimism

(Sharecast News) - London's equity markets were still above the waterline at lunchtime on Wednesday, following a late Santa rally on Wall Street overnight.

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27 Dec 2023 08:48

LONDON MARKET OPEN: FTSE 100 gains led by miners and industrials

(Alliance News) - Stock prices in London opened in the green on Wednesday, as hopes for US interest rate cuts in the new year continued to propel global equities higher.

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27 Dec 2023 08:26

London open: FTSE takes cues from Wall Street 'Santa rally'

(Sharecast News) - London's stocks returned from the Christmas break in the green on Wednesday, boosted by a late Santa rally on Wall Street overnight.

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20 Dec 2023 07:47

TOP NEWS: Anglo American sees stability as annual diamond sales tumble

(Alliance News) - Anglo American PLC on Wednesday reported that annual rough diamond sales at De Beers crashed, but the strong monthly performance indicated that stock levels are stabilising in the diamond industry.

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20 Dec 2023 07:20

Anglo sees diamond market "regaining its balance" as De Beers sales rise

(Sharecast News) - Anglo American has said it is finally seeing signs of a rebalancing in the diamond market after De Beers' final tender of the year saw a pick-up in revenues, after a huge slide in sales over 2023.

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18 Dec 2023 10:26

IN BRIEF: Anglo American celebrates dismissal of Kabwe lead lawsuit

Anglo American PLC - London-based mining company - Notes dismissal of class action certification application by High Court of South Africa. Class action was brought against Anglo America South Africa Ltd on behalf of children and women of childbearing age from Kabwe, Zambia, regarding the effects of lead pollution there. According to Human Rights Watch, zinc and lead mined at Kabwe from 1904 to 1994 produced extremely high toxic lead levels which continue to affect the health of local residents. Various British colonial companies owned the mine before its nationalisation, including Anglo American. Anglo American said the High Court recognised "multiple legal and factual flaws in the claim".

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18 Dec 2023 09:19

High Court of South Africa dismisses class action case brought against Anglo American

(Sharecast News) - Mining company Anglo American has seen the High Court of South Africa dismiss a class action certification application brought against its wholly-owned South African subsidiary for lead pollution in Zambia.

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13 Dec 2023 13:48

Glencore faces green questions over proposed Teck acquisition

(Alliance News) - Glencore PLC said on Wednesday its shareholders have raised questions about how the company intends to integrate Teck Resources Ltd's steelmaking coal business into its green plan.

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13 Dec 2023 09:15

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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