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

Tipranks - Tipranks - Fri Feb 6, 4:18AM CST

UBS analyst Myles Allsop maintained a Buy rating on Anglo American today and set a price target of p4,000.00.

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According to TipRanks, Allsop is a 5-star analyst with an average return of 24.1% and a 72.08% success rate. Allsop covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Southern Copper, and Anglo American.

In addition to UBS, Anglo American also received a Buy from Citi’s Ephrem Ravi in a report issued on February 2. However, yesterday, TipRanks – OpenAI 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 5.26M.

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.

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