Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

 2,205.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 2,620.50p
  • 52 Week Low: 1,764.80p
  • Currency: UK Pounds
  • Shares Issued: 1,337.58m
  • Volume: 5,872,945
  • Market Cap: £29,494m
  • RiskGrade: 209

Anglo's portfolio shake-up progressing well, says Citi

By Benjamin Chiou

Date: Tuesday 11 Mar 2025

LONDON (ShareCast) - (Sharecast News) - Citi has renewed its coverage of Anglo American with a 'neutral' rating, saying that the mining giant's portfolio restructuring is progressing well but appears priced into the stock.
Nevertheless, the bank sees some upside with a target price of 2,600p, compared with Monday's closing price of 2,257.5p, despite a decent performance over the past year as the company continues to "optimise" its business through demergers and disposals of certain divisions.

"AAL has made decent progress on its portfolio optimization with coal and nickel business disposals already sealed, while PGM demerger is on track. Diamond remains the last piece in the pack of non-core assets," Citi said in a research note.

"This marked shift in the investment case has led to a c30% share price outperformance since the announcement in May'24, implying a sharp re-rating of the remainco business."

The stock's current valuation puts it trading at 6.1 times 2025 estimated EBITDA, which is a premium to others in the diversified mining sector.

However, further upside could be seen in a potential rally in commodity prices or renewed M&A interest from global peers, Citi said.

Shares were up 1.3% at 2,285.5p by 1136 GMT.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Anglo American Market Data

Currency UK Pounds
Share Price 2,205.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 2,620.50p
52 Week Low 1,764.80p
Volume 5,872,945
Shares Issued 1,337.58m
Market Cap £29,494m
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.38% below the market average58.38% below the market average58.38% below the market average58.38% below the market average58.38% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Price Trend
33.38% below the market average33.38% below the market average33.38% below the market average33.38% below the market average33.38% below the market average
17.29% above the sector average17.29% above the sector average17.29% above the sector average17.29% above the sector average17.29% above the sector average
Income
75.07% below the market average75.07% below the market average75.07% below the market average75.07% below the market average75.07% below the market average
61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average
Growth
97.18% below the market average97.18% below the market average97.18% below the market average97.18% below the market average97.18% below the market average
96.3% below the sector average96.3% below the sector average96.3% below the sector average96.3% below the sector average96.3% below the sector average

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 9
Sell 1
Strong Sell 2
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Anglo American Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Mar-25 15-Aug-24
Paid 07-May-25 27-Sep-24
Amount 22.00¢ 42.00¢

Trades for 30-May-2025

Time Volume / Share Price
16:37 2,704 @ 2,205.44p
16:37 1,353 @ 2,205.44p
17:41 20 @ 2,181.68p
17:41 78 @ 2,181.68p
17:41 11 @ 2,181.64p

Anglo American Key Personnel

Chair Stuart J Chambers
CEO Duncan Wanblad
Finance Director John Heasley

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