Anglo American stock: Berenberg sets GBp 4,300.00 target for Anglo American stock

Published on 10/21/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Anglo American spans GBp 2,639.00 to GBp 4,643.80. Anglo American stock costs EUR 46.16 on October 21, 2026, down 0.84 percent versus the Xetra close.

Analyst view and market position

Berenberg reissued a Hold rating and set a GBp 4,300.00 target on October 21, 2026.
The 12-month London range runs from GBp 2,639.00 to GBp 4,643.80.
Anglo American stock costs EUR 46.16 at Lang & Schwarz on October 21, 2026 at 3:32 p.m. CEST, minus 0.84 percent versus the Xetra close of October 20, 2026.
The planned Anglo American and Teck merger remains targeted for completion by March 2027.

Luftaufnahme eines terrassierten Kupfer-Tagebaus mit Fahrzeugen bei goldenem Abendlicht — Anglo American plc GB00B1XZS820 zeigt einen riesigen Kupfer-Tagebau mit Baggern und Lastwagen im Abendlicht, Illustration mit AI erstellt.

Anglo American (ISIN GB00BTK05J60) received a reissued Hold rating and a GBp 4,300.00 target from Berenberg on October 21, 2026, according to MarketBeat. Against the London quote of GBp 3,835.00, the target is 12.13 percent higher. Anglo American was trading at EUR 46.16 at Lang & Schwarz on October 21, 2026 at 3:32 p.m. CEST, down 0.84 percent versus the Xetra close of October 20, 2026 (EUR 46.55).

What does the 12.13 percent gap imply?

The Berenberg target sits GBp 465.00 above the London price of GBp 3,835.00. Its Hold stance therefore pairs a measurable valuation gap with a cautious rating, rather than an outright positive call. The target distance is calculated in pence, while the daily German quotation remains in euros.

Stock sits below its yearly high

Anglo American's London range over the 12 months to October 21, 2026 stretched from GBp 2,639.00 to GBp 4,643.80, with the latest GBp 3,835.00 quote 17.41 percent below the high. The same session showed 1,618,159 shares traded in London. The euro quotation moved in the opposite direction to the unchanged analyst rating, leaving the price below both the 50-day average of GBp 4,063.71 and the 200-day average of GBp 3,851.67.

Valuation and corporate timing

MarketBeat puts Anglo American's market capitalization at GBP 41.4 billion and its price-to-earnings ratio at minus 15.35 on October 21, 2026. In its production report dated October 20, 2026, Anglo American said its planned merger with Teck remained targeted for completion by March 2027.

Comparison with peers

Anglo American: down 0.84 percent, price-to-earnings ratio minus 15.35, market capitalization GBP 41.4 billion.

BHP Group (LSE, GBp): down 0.95 percent, price-to-earnings ratio 21.32.

Rio Tinto Group (LSE, GBp): down 0.67 percent, price-to-earnings ratio 11.81.

German trading view

The current euro quotation is below the previous Xetra close, while the London price remains 17.41 percent below its 12-month high. The next investor question is whether the Berenberg target can narrow that gap as the planned Teck transaction advances.

The further course of trading is shown by the continuously updated real-time quote of Anglo American stock.