New Buy Rating for Anglo American (AAUKF), the Basic Materials Giant
In a report released today, Ian Rossouw CFA from Barclays maintained a Buy rating on Anglo American, with a price target of £35.50.
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According to TipRanks, Rossouw CFA is a 5-star analyst with an average return of 11.4% and a 57.76% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as Anglo American, Glencore, and Antofagasta.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglo American with a £29.45 average price target.
Based on Anglo American’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p8.95 billion and a GAAP net loss of p1.88 billion. In comparison, last year the company earned a revenue of p14.46 billion and had a GAAP net loss of p672 million
Based on the recent corporate insider activity of 145 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AAUKF in relation to earlier this year.
Read More on AAUKF:
Disclaimer & DisclosureReport an Issue
- Anglo American Confirms Total Voting Rights at Year-End 2025
- Anglo American Directors Take Board Fees in Shares, Boosting Equity Alignment
- Anglo American Sets Out Provisional 2026 Dividend Timetable for Global Shareholders
- Anglo American Advances Portfolio Overhaul with Key Asset Sales, Coal Relisting and De Beers Separation
- Anglo American price target raised to 3,400 GBp from 3,100 GBp at Berenberg
