Anglo American plc (NGLOY) Stock Rating Upgraded by Barclays PLC
Anglo American plc (OTCMKTS:NGLOY) was upgraded by equities research analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating in a research note issued to investors on Wednesday, The Fly reports.
Several other research analysts have also issued reports on the stock. JPMorgan Chase & Co. raised shares of Anglo American plc from an “underweight” rating to an “overweight” rating in a research note on Thursday, July 14th. RBC Capital Markets raised shares of Anglo American plc from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 1st. Royal Bank Of Canada raised shares of Anglo American plc from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 1st. Sanford C. Bernstein reissued an “overweight” rating on shares of Anglo American plc in a research note on Wednesday, May 25th. Finally, Macquarie raised shares of Anglo American plc from an “underperform” rating to a “neutral” rating in a research note on Tuesday. Nine research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. Anglo American plc presently has a consensus rating of “Hold”.
Anglo American plc (OTCMKTS:NGLOY) opened at 5.95 on Wednesday. Anglo American plc has a 52 week low of $1.57 and a 52 week high of $6.00. The stock’s 50 day moving average is $5.52 and its 200 day moving average is $4.81. The firm’s market cap is $15.35 billion.
About Anglo American plc
Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.
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