Anglo American: UBS still a buyer

(CercleFinance.com) - UBS reaffirms its 'buy' recommendation on Anglo American, with a target price maintained at 3,000 pence, ahead of the publication of the South African mining company's 2024 results.


Is it time to take profits on Anglo when it has outperformed? No, we expect a slight decline in consensus earnings, BUT the restructuring is essential and remains on track..., the broker says.

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