Zacks Investment Research downgraded shares of ANGLO AMER ADR (OTCMKTS:NGLOY) from a buy rating to a hold rating in a research report released on Tuesday morning.

According to Zacks, “Anglo American PLC is a mining company. Its portfolio includes iron ore, manganese, metallurgical coal, copper, nickel, platinum and diamonds. The company operates primarily in Africa, Europe, North and South America, Asia and Australia. Anglo American PLC is headquartered in London, the United Kingdom. “

A number of other equities analysts also recently commented on NGLOY. ValuEngine downgraded shares of ANGLO AMER ADR from a strong-buy rating to a buy rating in a research note on Friday, June 2nd. HSBC Holdings plc downgraded shares of ANGLO AMER ADR from a buy rating to a hold rating in a research note on Friday, July 28th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $10.00.

Shares of ANGLO AMER ADR (NGLOY) opened at 8.83 on Tuesday. The company has a market capitalization of $22.83 billion and a PE ratio of 6.02. The firm’s 50-day moving average price is $8.55 and its 200 day moving average price is $7.44. ANGLO AMER ADR has a 52-week low of $5.49 and a 52-week high of $9.34.

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The firm also recently disclosed a None dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, August 11th will be paid a dividend of $0.224 per share. The ex-dividend date of this dividend is Wednesday, August 9th.

ANGLO AMER ADR Company Profile

Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.

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Analyst Recommendations for ANGLO AMER ADR (OTCMKTS:NGLOY)

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