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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: 2,487.50
Bid: 2,486.50
Ask: 2,487.50
Change: -40.00 (-1.58%)
Spread: 1.00 (0.04%)
Open: 2,490.00
High: 2,502.50
Low: 2,469.50
Prev. Close: 2,527.50
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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24 Jan 2024 08:48

LONDON MARKET OPEN: Stocks head higher; miners lead gains for FTSE

(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China.

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23 Jan 2024 17:46

London close: Stocks slip as focus shifts to US earnings

(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.

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23 Jan 2024 17:10

FTSE 100 ends flat as insurers overshadow miners boost

Miners rise after talks of China stimulus

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19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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19 Jan 2024 06:50

IN BRIEF: Marula Mining issues shares for new licenses in Tanzania

Marula Mining PLC - battery metals mine developer with projects in South Africa, Tanzania and Zambia - Nyorinyori and NyoriGreen graphite projects in Tanzania, east Africa, are granted seven new mining licenses. Takela Mining Tanzania Ltd and NyoriGreen Mining Ltd had applied for the licenses last month. They run for seven years, and Marula has a 75% commercial interest. Marula pays TMT and NML USD25,000 per license from the issue of 1.1 million new Marula shares in total at a price of 13.5 pence.

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17 Jan 2024 15:03

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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17 Jan 2024 12:25

Grafton appoints former Vistry chair Ian Tyler as chair designate

(Alliance News) - Grafton Group PLC said it appointed Ian Tyler, the former chair of Vistry Group PLC, as chair designate from the start of March.

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17 Jan 2024 07:33

Antofagasta's 2023 copper output up 2%, sees higher capex in 2024

LONDON Jan 17 (Reuters) - Antofagasta on Wednesday reported a 2% rise in 2023 copper production to 660,600 metric tons on higher output at its flagship project Los Pelambres due to improved water availability.

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12 Jan 2024 15:07

Peru copper production in November up 10.9% from year ago

LIMA, Jan 12 (Reuters) - Copper production in Peru rose 10.9% in November from the year-ago month to 253,582 metric tons, the Andean nation's mining ministry said on Friday.

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12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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11 Jan 2024 09:24

LONDON BROKER RATINGS: BoA cuts Diageo; RBC likes Antofagasta

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

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10 Jan 2024 15:16

Botswana and De Beers approve USD1 billion diamond mine deal

(Alliance News) - Botswana and global diamond giant De Beers have approved a USD1 billion investment to dig under the world's richest diamond mine by volume, their joint venture said on Wednesday.

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9 Jan 2024 09:29

LONDON BROKER RATINGS: Berenberg cuts target prices for miners

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

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8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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