Anglo American PLC last = 18 GBP 1w: -1.6 (-8.2%)
% vs. spot / Price1M6M12MLT(2Y)LT(3Y)
Target Price (consensus)1.7%5.2%---
Upside (Bull Case)1.9%5.8%---
Downside (Bear Case)-0.7%----
History
Forecast
Buy/Sell Recommendations
RankN/S0*1*2*3*4*5*
Strong Buy       
Buy       
Hold       
Sell       
Strong Sell       
Data Analysis (Mid - Long term)
Company plot
[Neutral]

Taking aside macro factors, the major driver for Anglo's growth is announced optimization strategy that include $3-4bn EBITDA improvement target. However, one should note that these improvements are mainly caused by growth projects and, as a result, are long dated. Additionally, these improvements are largely relates to cost and innovation targets, but details here are low. As a result I expect FCF decreasing in near/middle term.