Citi Predicts Anglo American Fiscal Discrepancies

Citi Reaffirms Buy Rating on Anglo American with a GBP26.00 Stock Target Amid Financial Forecasts

On Wednesday, Citi remained steadfast in its positive outlook for Anglo American PLC (AAL:LN), underscoring a buy rating with a price target of GBP26.00. Despite diverging views from market consensus, Citi's analysis brings to light potential underestimations in the mining giant's financial trajectory, particularly concerning free cash flow (FCF) and dividend projections for the year 2023.