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Anglo American plc 23.6% Potential Upside Indicated by RBC Capital Markets

Anglo American plc with EPIC/TICKER (LON:AAL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘TOP PICK’ this morning by analysts at RBC Capital Markets. Anglo American plc are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set their target price at 2300 GBX on its stock. This would imply the analyst believes there is now a potential upside of 23.6% from today’s opening price of 1861 GBX. Over the last 30 and 90 trading days the company share price has increased 78.8 points and decreased 356.5 points respectively. The 52 week high for the share price is currently at 2294 GBX while the 52 week low is 1529.8 GBX.

Anglo American plc has a 50 day moving average of 1,885.08 GBX and a 200 day moving average of 1,989.53. There are currently 1,378,029,703 shares in issue with the average daily volume traded being 6,286,413. Market capitalisation for LON:AAL is £24,739,990,521 GBP.