Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Anglo American plc    AAL   GB00B1XZS820

ANGLO AMERICAN PLC

(AAL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

RBS, Sterling supports FTSE as IAG, miners drag on UK index

10/27/2017 | 12:08pm EST
A worker shelters from the rain as he passes the London Stock Exchange in London

LONDON (Reuters) - British stocks followed European indexes higher on Friday, driven by a weakening pound and a rise in RBS, which helped outweigh falls among mining stocks and British Airways owner IAG.

The FTSE 100 <.FTSE> closed up 0.3 percent with sterling slipping to a three-week low against the dollar as doubts grew that a Bank of England rate rise expected next week would signal the start of a series of hikes.

RBS (>> Royal Bank of Scotland Group) shares were up 1.7 percent after the state-owned bank beat expectations with strong third-quarter profit and a more robust capital ratio.

Shore Capital analysts said this provided a buffer to absorb further potential litigation costs, with a dispute with the U.S. Department of Justice over mortgage-backed securities ongoing.

"Once this has been dealt with it should pave the way for the group to return to statutory profitability (hopefully during 2018) and ultimately recommence dividend payments," they said.

British Airways owner IAG was the top faller, down 6.9 percent, as strong earnings and revenue performance were overshadowed by passenger growth figures.

"The growth rate is more muted than the wider sector, suggesting a loss of market share," Bernstein analyst Daniel Roeska said in a note following IAG's results.

Liberum analysts noted passenger unit revenue for the carrier grew at a slower rate than at Lufthansa (>> Deutsche Lufthansa).

Shares in rival budget airlines easyJet (>> EasyJet) and Wizz Air (>> Wizz Air Holdings PLC) also fell 3.2 percent and 2.8 percent respectively.

"There's been a big disparity between companies with good earnings getting rewarded and then poor earnings and cautious guidance getting slammed," Rory McPherson, head of investment strategy at Psigma, said.

"It's a market getting towards pretty lofty levels, so any disappointment is clearly penalised," he added.

Chinese cuts to steel capacity weighed on commodities prices, sending mining stocks Anglo American (>> Anglo American), Antofagasta (>> Antofagasta), BHP Billiton (>> BHP Billiton Plc), Rio Tinto (>> Rio Tinto) and Glencore (>> Glencore) down between 0.3 percent and 3.1 percent.

Mid-cap miners Evraz (>> EVRAZ plc), Kaz Minerals (>> KAZ Minerals PLC) and Ferrexpo (>> Ferrexpo Plc) also fell 1 percent, 3.8 percent and 4.8 percent respectively.

Among mid-caps Tullow Oil (>> Tullow Oil) shares also dropped 2.4 percent after the group said it plugged and abandoned its Araku-1 well in Suriname after failing to strike oil.

(Reporting by Helen Reid and Julien Ponthus; editing by Alexander Smith)

By Helen Reid


© Reuters 2017
Stocks mentioned in the article
ChangeLast1st jan.
AMP LIMITED -3.12% 1.71 End-of-day quote.-10.70%
ANGLO AMERICAN PLC -0.20% 2485 Delayed Quote.14.01%
ANTOFAGASTA PLC -0.47% 1381.3 Delayed Quote.49.98%
BARCLAYS PLC -0.62% 148.16 Delayed Quote.-17.30%
BHP GROUP 4.94% 41.25 End-of-day quote.5.99%
DEUTSCHE LUFTHANSA AG -0.44% 10.115 Delayed Quote.-38.15%
EASYJET PLC 0.11% 924.64 Delayed Quote.-35.61%
EVRAZ PLC 1.64% 422.3 Delayed Quote.2.40%
FERREXPO PLC 0.16% 248.349 Delayed Quote.55.02%
GLENCORE PLC 0.64% 232.95 Delayed Quote.-2.06%
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. 0.68% 171.374 Delayed Quote.-60.25%
KAZ MINERALS PLC -0.12% 660 Delayed Quote.24.16%
LETS HOLDINGS GROUP CO., LTD. -0.11% 9 End-of-day quote.49.01%
LOOK HOLDINGS INCORPORATED 1.63% 995 End-of-day quote.-20.53%
MSCI UNITED KINGDOM (STRD, UHD) 1.65% 1025.902 Real-time Quote.-15.22%
NATWEST GROUP PLC 0.29% 170.7515 Delayed Quote.-29.23%
NEXT PLC -0.50% 6768 Delayed Quote.-3.33%
RIO TINTO GROUP 6.87% 112.2 End-of-day quote.11.75%
RIO TINTO PLC 0.00% 5385 Delayed Quote.19.50%
RISE, INC. 0.00% 24 End-of-day quote.-20.00%
TULLOW OIL PLC 5.85% 33.46 Delayed Quote.-50.67%
WIZZ AIR HOLDINGS PLC -0.71% 4790 Delayed Quote.22.88%
All news about ANGLO AMERICAN PLC
12/03EUROPE : European shares end flat; Miners, Rolls-Royce lift FTSE 100 to six-mont..
RE
12/03British mip-caps hit nine-month high on hopes for Brexit trade deal in days
RE
12/03European shares end flat; Miners, Rolls-Royce lift FTSE 100 to 6-month high
RE
12/03British mip-caps hit 9-month high on hopes for Brexit trade deal in days
RE
11/29FACTBOX : Frontrunners to lead top iron ore miner Rio Tinto
RE
11/29Field narrows for global miner Rio Tinto's top job
RE
11/25Pebble Mine Proposal in Alaska Rejected Over Environmental Concerns -- 3rd Up..
DJ
11/25Pebble Mine Proposal in Alaska Rejected Over Environmental Concerns -- nd Upd..
DJ
11/19De Beers diamond sales rise as demand recovers from COVID-19 hit
RE
11/18De Beers diamond sales rise as demand recovers from COVID-19 hit
RE
More news
Financials (USD)
Sales 2020 27 271 M - -
Net income 2020 2 443 M - -
Net Debt 2020 6 388 M - -
P/E ratio 2020 16,8x
Yield 2020 2,58%
Capitalization 41 131 M 41 244 M -
EV / Sales 2020 1,74x
EV / Sales 2021 1,48x
Nbr of Employees 60 000
Free-Float 89,4%
Chart ANGLO AMERICAN PLC
Duration : Period :
Anglo American plc Technical Analysis Chart | AAL | GB00B1XZS820 | MarketScreener
Technical analysis trends ANGLO AMERICAN PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 32,80 $
Last Close Price 33,33 $
Spread / Highest target 37,0%
Spread / Average Target -1,60%
Spread / Lowest Target -27,9%
EPS Revisions
Managers
NameTitle
Mark Cutifani Chief Executive Officer & Executive Director
Stuart John Chambers Chairman
Stephen Thomas Pearce Finance Director & Executive Director
Anthony Martin O'Neill Executive Director & Group Technical Director
Anne L. Stevens Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ANGLO AMERICAN PLC14.01%41 244
BHP GROUP5.99%137 787
RIO TINTO PLC16.34%115 867
GRUPO MÉXICO, S.A.B. DE C.V.56.44%30 582
FRESNILLO PLC78.07%11 208
POLYMETAL INTERNATIONAL PLC38.49%10 418