---
title: "Anglo American launched at Outperform by Scotiabank ahead of closing Teck Resources deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298358117.md"
description: "Scotiabank initiated Anglo American with an Outperform rating and a £52 price target, citing its copper focus and the upcoming $35B Teck Resources acquisition. The bank projects strong free cash flow and low net debt post-deal, suggesting significant upside re-rating and potential for robust shareholder returns."
datetime: "2026-09-08T19:41:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298358117.md)
  - [en](https://longbridge.com/en/news/298358117.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298358117.md)
generator: "portal-rs"
---

# Anglo American launched at Outperform by Scotiabank ahead of closing Teck Resources deal


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## Related News & Research

- [Teck, Anglo American extend payment window for US $4.5 billion special dividend tied to merger](https://longbridge.com/en/news/297657540.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**