Fintel reports that on October 5, 2023, Berenberg Bank reiterated coverage of Anglo American (LSE:AAL) with a Hold recommendation.
Analyst Price Forecast Suggests 27.85% Upside
As of October 5, 2023, the average one-year price target for Anglo American is 2,695.72. The forecasts range from a low of 1,969.50 to a high of $3,675.00. The average price target represents an increase of 27.85% from its latest reported closing price of 2,108.50.
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The projected annual revenue for Anglo American is 37,264MM, an increase of 14.02%. The projected annual non-GAAP EPS is 4.34.
What is the Fund Sentiment?
There are 493 funds or institutions reporting positions in Anglo American. This is a decrease of 60 owner(s) or 10.85% in the last quarter. Average portfolio weight of all funds dedicated to AAL is 0.51%, a decrease of 7.67%. Total shares owned by institutions decreased in the last three months by 1.92% to 170,324K shares.
What are Other Shareholders Doing?
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 16,141K shares representing 1.33% ownership of the company. In it's prior filing, the firm reported owning 15,955K shares, representing an increase of 1.16%. The firm decreased its portfolio allocation in AAL by 4.08% over the last quarter.
VWELX - VANGUARD WELLINGTON FUND Investor Shares holds 15,408K shares representing 1.27% ownership of the company. In it's prior filing, the firm reported owning 13,460K shares, representing an increase of 12.64%. The firm decreased its portfolio allocation in AAL by 9.73% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 9,562K shares representing 0.79% ownership of the company. In it's prior filing, the firm reported owning 9,265K shares, representing an increase of 3.10%. The firm decreased its portfolio allocation in AAL by 15.39% over the last quarter.
IEFA - iShares Core MSCI EAFE ETF holds 6,871K shares representing 0.57% ownership of the company. In it's prior filing, the firm reported owning 6,763K shares, representing an increase of 1.57%. The firm decreased its portfolio allocation in AAL by 1.76% over the last quarter.
FINVX - Fidelity Series International Value Fund holds 4,690K shares representing 0.39% ownership of the company. In it's prior filing, the firm reported owning 4,609K shares, representing an increase of 1.72%. The firm decreased its portfolio allocation in AAL by 2.45% over the last quarter.
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