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Anglo American plc (ADR) (AAUKY) [hlAlert]

Rating:
Buy AAUKY
3 Months Gains
down 69.00 %

Anglo American (AAUKY) rated Buy by UBS

Posted on: Wednesday,  Feb 3, 2010  8:25 AM ET by UBS

Anglo American
(AAUKY) rated Buy by UBS.

Anglo American plc (Anglo American) is a global mining company. The Company?s portfolio of mining assets and natural resources includes platinum group metals and diamonds, with interests in copper, iron ore, metallurgical coal, nickel and thermal coal, as well as a divestment portfolio of other mining and industrial businesses. It operates in Africa, Europe, South and North America, Australia and Asia. Anglo Platinum, a managed subsidiary, owns platinum reserves. It mines, processes and refines a range of platinum group metals. Anglo American owns 45% interest in De Beers. De Beers is a diamond exploration, mining and marketing company. Its copper business has interests in six operations in Chile. Anglo American's nickel business consists of two ferronickel operations: Codemin in Brazil and Loma de N?quel in Venezuela, as well as the Barro Alto ferronickel project in Brazil. During the year ended December 31, 2009, it sold its remaining interest in AngloGold Ashanti Limited.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2010 8:25 AM Buy
None
18.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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