Anglo American Share Discussion Threads

[philanderer] 23/3/2021 14:30

Anglo American is undervalued, says Jefferies


After a meeting with Anglo American (AAL) chief executive Mark Cutifani, Jefferies believes the miner is strongly positioned for a decarbonising world.

Analyst Christopher LaFemina reiterated his ‘buy’ recommendation and target price of £36.00 on the stock, which closed down 0.8%, or 24p, at £27.81 on Monday.

‘The company is uniquely positioned to benefit from the global push for decarbonisation and has high quality growth optionality in key commodities, including copper and platinum group metals, that is not fully reflected in its current share price,’ he said.

LaFemina added that Anglo American is ‘one of our top picks globally in the sector’.

[foxy22] 22/3/2021 08:11

Royal bank of Canada 4100

[foxy22] 22/3/2021 08:11

Encourage raises Anglo to 4100These analysts have a rather wide bearth

[philanderer] 19/3/2021 10:31

SOCGEN CUTS ANGLO AMERICAN TO 'HOLD' ('BUY') - TARGET 3,000 (2,300) PENCE

[philanderer] 18/3/2021 00:54

Anglo American plans to invest up to US$330mn in Brazil this year

[philanderer] 17/3/2021 17:40

xd tomorrow morning for the $0.72 per share dividend

[foxy22] 16/3/2021 16:30

As u can see Aal closing at 30.00

[foxy22] 16/3/2021 16:30

Palladium/platinum futures jumped tho later in the day when norilisk nickel announced it lost 10% of production overall with its accident

[philanderer] 16/3/2021 14:27

Midday report

..Anglo American was the worst performer, down 2.2%, tracking platinum prices lower, quoted at USD1,207.88 an ounce on Tuesday from USD1,217.72 on Monday. Anglo American Platinum is the world's largest primary producer of platinum, accounting for about 38% of the world's annual supply. Anglo American Platinum was 2.4% lower in Johannesburg.

Alliance News

[philanderer] 16/3/2021 11:14

foxy, as long as you buy before 4:30pm tomorrow you'll still qualify.

[foxy22] 16/3/2021 08:22

Anglo 38.00 gs reiteratedIs it last day to trade for dividend

[philanderer] 12/3/2021 11:09

BERENBERG RAISES ANGLO AMERICAN PRICE TARGET TO 3,300 (3,200) PENCE - 'BUY'

[philanderer] 10/3/2021 17:12

Over £3m worth sold by two directors.

[waldron] 10/3/2021 07:56

Anglo American PLC said Wednesday that rough-diamond sales by its majority-owned business De Beers Group were 52% higher in the second sales cycle of 2021 year-on-year, as customers restocked after a strong holiday period.

The diversified mining company said De Beers sold $550 million of diamonds in the second cycle of 2021 compared with $663 million in the first cycle, and $362 million in the second cycle of 2020. There are 10 sales cycles each year.

Anglo American said sales for the second cycle are provisional due to a change in the company's approach to diamond sales because of global pandemic-related movement restrictions. The figures are based on expected sales between Feb. 22 and March 8, and are subject to final adjustments.

Anglo American said diamond sales are being supported by positive consumer demand on the back of midstream buyers. Consumers continued to express demand following better-than-expected retail sales of diamond jewelry over Christmas, the Lunar New Year and Valentine's Day, but the industry was set to enter a traditionally slow period, the company said.

"While the year has started positively, we recognize ongoing near-term uncertainty in the pace and shape of the recovery," De Beers Chief Executive Bruce Cleaver said.



Write to Joe Hoppe at [e-mail]



(END) Dow Jones Newswires

March 10, 2021 02:30 ET (07:30 GMT)

[v11slr] 09/3/2021 15:07

Good decade for miners :-) (hopefully).

[philanderer] 09/3/2021 14:47

Bad day for miners :-(

[foxy22] 08/3/2021 17:00

Breaking out....close above 30.00

[philanderer] 05/3/2021 14:41

JPMORGAN RAISES ANGLO AMERICAN PRICE TARGET TO 3,400 (3,000) PENCE - 'NEUTRAL'

[foxy22] 01/3/2021 14:18

Gs certainly has renewed faith in Anglo.....Must see platinum price rising and diamond market recovery!!!Will send Anglo to all time high£37!!!! Tp

[philanderer] 01/3/2021 10:57

GOLDMAN SACHS RAISES ANGLO AMERICAN PRICE TARGET TO 3,700 (3,500) PENCE - 'BUY'

[foxy22] 26/2/2021 15:31

What a selloff

[philanderer] 26/2/2021 11:39

BERENBERG RAISES ANGLO AMERICAN PRICE TARGET TO 3,200 (3,100) PENCE - 'BUY'

DEUTSCHE BANK RAISES ANGLO AMERICAN PRICE TARGET TO 3,500 (3,000) PENCE - 'BUY'

[philanderer] 26/2/2021 10:32

Yesterday's gains up in smoke.