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Anglo American PLC Add to portfolio

LON100:AAL, Apr 25, 02:38 UTC

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Sunday, April 21


News

Anglo Steps Up Defense to Repel Agarwal's Interest

AAL

(Bloomberg) -- Anglo American Plc has hired three investment banks to fend off a potential takeover bid from the billionaire owner of Vedanta Resources Ltd, Anil Agarwal, the Telegraph reported, citing unidentified people. Agarwal has previously stated he had no intention to take over the miner, but bankers think he is now working with adviser JP Morgan Chase & Co to help finance a bid as soon as September, the British newspaper said. Anglo American’s defense advisers, Morgan Stanley, Goldman Sachs Group Inc. and Centerview Partners LLC, are said to plan attacks on the quality of Vedanta’s portfolio compared to Anglo’s assets, while Agarwal’s environmental track record is also likely to come under scrutiny, according to unidentified people cited by the Telegraph. The mining tycoon increased his stake in Anglo American to more than 20 percent in September 2017 through a mandatory convertible bond maturing in 2020. Although Agarwal’s intentions are unclear, the approaching deadline is said to have put Anglo’s management on high alert, the Telegraph said. For more articles like this, please visit us at bloomberg.com.

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Tuesday, April 16


News

Antofagasta (ANFGY) Upgraded to Outperform at BNP Paribas

BNP AAL +1 more BNP AAL ANTO

BNP Paribas upgraded shares of Antofagasta (OTCMKTS:ANFGY) from a neutral rating to an outperform rating in a research note published on Thursday, March 21st, Briefing.com Automated Import reports. HSBC reaffirmed a reduce rating on shares of Antofagasta in a research note on Wednesday, March 20th. Royal Bank of Canada lowered Antofagasta from an outperform rating to a sector perform rating in a research note on Tuesday, March 12th. Goldman Sachs Group lowered Antofagasta from a neutral rating to a sell rating in a research note on Friday, January 18th.

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News

Antofagasta plc (LON:ANTO) price target raised to GBX 800 by HSBC

AAL ANTO

There are 6 Sell Ratings, 6 Hold Ratings, 3 Buy Ratings, no Strong Buy Ratings on the stock. The current consensus rating on Antofagasta plc (LON:ANTO) is Hold with a consensus target price of GBX 901.07 per share, a potential . Some recent analyst ratings include. About Antofagasta plc (LON:ANTO)Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. Recent Trading Activity for Antofagasta plc (LON:ANTO)Shares of Antofagasta plc closed the previous trading session at 016,00 up +13,50 1,35 % with shares trading hands.

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News

Antofagasta (ANTO) Price Target Increased to GBX 800 by Analysts at HSBC

HSBC AAL +3 more HSBC AAL ANTO 0005 HSBA

Antofagasta (LON:ANTO) had its target price raised by stock analysts at HSBC from GBX 790 ($10.32) to GBX 800 ($10.45) in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 901.07 ($11.77). Antofagasta has a one year low of GBX 713.20 ($9.32) and a one year high of GBX 1,171.50 ($15.31).

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Monday, April 15


News

Antofagasta (OTCMKTS:ANFGY) Upgraded by BNP Paribas to “Outperform”

BNP AAL +1 more BNP AAL ANTO

BNP Paribas upgraded shares of Antofagasta (OTCMKTS:ANFGY) from a neutral rating to an outperform rating in a report published on Thursday, March 21st, FirstToMarketsRatingsTable reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Antofagasta has a 52-week low of $12.56 and a 52-week high of $12.56. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.

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Saturday, April 13


News

Antofagasta (ANFGF) Earns “Underweight” Rating from Barclays

AAL ANTO +1 more AAL ANTO BARC

Antofagasta (OTCMKTS:ANFGF)‘s stock had its “underweight” rating reaffirmed by investment analysts at Barclays in a research note issued on Tuesday, March 26th, BenzingaRatingsTable reports. They presently have a $7.50 price target on the stock, down from their prior price target of $8.00. Barclays‘s price target would indicate a potential downside of 42.97% from the stock’s current price. Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile.

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Friday, April 12


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Norman Mbazima retires from Anglo after 18 years

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In a statement, Anglo CEO Mark Cutifani said Mbazima has made an exceptional contribution to the company over the past 18 years, which he delivered with tireless energy. Mbazima is originally from Zambia and joined Anglo in 2001 as the finance director at its Konkola Copper Mines before moving up the ranks. He was subsequently appointed CFO for Anglo Coal SA before he became finance director of Anglo American Platinum (Amplats) in 2006, and later stepped in as joint acting CEO. “While Norman will be retiring from his executive responsibilities, I am delighted that he has been appointed non-executive chairman of Anglo American Platinum, our world-class platinum group metals business.”.

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Thursday, April 11


News

Hydrogen and platinum at centre of climate change solution – Anglo

AAL

To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. Interviewed shortly after Anglo American Platinum CEO Chris Griffith revealed, in a convincing keynote address, that “very real and credible progress is being made in the development of the hydrogen economy”, Oeyen was unequivocal about hydrogen being the sole route to 100% carbon-free driving. He elaborated on using wind and sun to liberate hydrogen from water and platinum catalysing the hydrogen into electricity in fuel cells capable of powering cars, trucks, buses, trams, trains and ships cleanly, in a world that is legislating to end harmful vehicle emissions. A third big advantage is the 600 km to 700 km range of hydrogen fuel cell vehicles and their ability to fill up in two to three minutes at filling stations. If decarbonisation is to be achieved, there is no way around fuel cell electric technology – “and the world is recognising this fast”, added Oeyen.

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