CAPITAL MARKETS

Anglo breakup would 'unlock full value'

Jefferies ups AAL target price just months after rating it a buy

Staff reporter
 Scissors not pictured: Jefferies analyst Christopher LaFemina says Stuart Chambers could apply his takeover nous in the Anglo chair

Scissors not pictured: Jefferies analyst Christopher LaFemina says Stuart Chambers could apply his takeover nous in the Anglo chair

Jefferies set Anglo's new target price "conservatively" at £23 (US$31.8) per share, 26% higher than the current price. This comes only three months after the investment bank moved Anglo to ‘buy' and...

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