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Anglo American plc 17.8% Potential Upside Indicated by Deutsche Bank

Anglo American plc using EPIC/TICKER code (LON:AAL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Anglo American plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set their target price at 2400 GBX on its stock. This is indicating the analyst believes there is a potential upside of 17.8% from the opening price of 2037.5 GBX. Over the last 30 and 90 trading days the company share price has increased 97.7 points and increased 307.1 points respectively. The 1 year high share price is 2294 GBX while the 52 week low for the stock is 1529.8 GBX.

Anglo American plc has a 50 day moving average of 1,960.74 GBX and the 200 Day Moving Average price is recorded at 2,011.25. There are currently 1,374,476,528 shares in issue with the average daily volume traded being 4,555,226. Market capitalisation for LON:AAL is £27,780,350,960 GBP.