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Anglo American (AAUKF): New Buy Recommendation for This Basic Materials Giant

Tipranks - Tipranks - Tue Feb 24, 3:48AM CST

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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Rossouw CFA covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Glencore, and Anglo American. According to TipRanks, Rossouw CFA has an average return of 14.2% and a 58.25% success rate on recommended stocks.

In addition to Barclays, Anglo American also received a Buy from UBS’s Myles Allsop in a report issued today. However, yesterday, TipRanks – Anthropic reiterated a Hold rating on Anglo American (Other OTC: AAUKF).

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The company has a one-year high of p3,754.00 and a one-year low of p1,900.01. Currently, Anglo American has an average volume of 5.4M.

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