# Anglo American plc -13.5% potential downside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/anglo-american-plc-13.5-potential-downside-indicated-by-berenberg-bank/4121176169
- Published: 2024-11-04T14:48:04+00:00
- Author: Charlotte Edwards

**[Anglo American plc](https://www.directorstalkinterviews.com/ftse-company/anglo-american/aal.l)**
with ticker ([LON:AAL](https://www.directorstalkinterviews.com/company/anglo-american/aal.l))
now has a potential downside of -13.5% according to Berenberg Bank.
AAL.LBerenberg
Bank set a target price of 2,100 GBX for the company, which when compared to the
Anglo American plc share price of 2,428 GBX at opening today (04/11/2024) indicates
a potential downside of -13.5%. Trading has ranged between 1,630 (52 week low) and
2,813 (52 week high) with an average of 3,153,955 shares exchanging hands daily.
The market capitalisation at the time of writing is £32,299,231,800.Anglo American
PLC is a global mining company with a portfolio of mining and processing operations
and undeveloped resources. The Company’s segments include De Beers, Copper, Platinum
Group Metals, Iron Ore, Steelmaking Coal, Nickel, Manganese and Crop Nutrient. De
Beers is engaged in the diamond business, which markets and sells polished diamonds
and diamond jewelry via its retail brands. Its iron ore operations provide customers
with high grade iron ore products. In South Africa, it has a 69.7% interest in Kumba
Iron Ore and in Brazil, it owns the integrated Minas-Rio operation. Its Steelmaking
Coal business includes the Moranbah and Grosvenor (both 88% ownership) steelmaking
coal mines, located in Queensland, Australia. In Manganese, it has a 40% interest
in the Samancor joint venture and its operations are located in South Africa and
Australia. Its Barro Alto and Codemin nickel assets (both 100% owned) are located
in Brazil and produce ferronickel.

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