The Anglo American share price – where next?

The Anglo American (LON:AAL) share price has risen by 3.95% over the past month and it’s currently trading at 2093p. For investors considering whether to buy, hold or sell shares in this mining group, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Anglo American currently has:

• 7 Buy recommendations
• 6 Hold recommendations
• 2 Sell recommendations

This suggests that analysts are generally positive about the outlook.

Interestingly, at its current price, shares in Anglo American are trading at a discount of -10.3% to its 52 week high price. The 1-year performance of the shares has been 25.2%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Anglo American it's worth doing some investigation yourself.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Anglo American it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Anglo American that you can find out about here.