Anglo American: Barclays remains positive, but cuts TP

(CercleFinance.com) - Barclays confirms its 'Overweight' recommendation on Anglo American shares, while lowering its target price for them from £27.
4 to £26, with the stock one of its best picks amongst European mining and metals stocks.

The broker says that mining companies could enjoy a decent Q4, with favourable seasonal trends, short-term support for base metals from possible stimulus measures in China and global rate cuts.


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