ValuEngine Lowers Anglo American (NGLOY) to Buy
ValuEngine lowered shares of Anglo American (OTCMKTS:NGLOY) from a strong-buy rating to a buy rating in a research report sent to investors on Thursday.
Several other research analysts have also recently commented on NGLOY. Zacks Investment Research raised Anglo American from a sell rating to a hold rating in a research note on Saturday, February 17th. Jefferies Group raised Anglo American from a hold rating to a buy rating in a research note on Friday, January 5th. Deutsche Bank raised Anglo American from a sell rating to a hold rating in a research note on Friday, December 1st. Macquarie raised Anglo American from a neutral rating to an outperform rating in a research note on Tuesday, January 23rd. Finally, Morgan Stanley raised Anglo American from an equal weight rating to an overweight rating in a research note on Thursday, January 11th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $10.00.
Anglo American (OTCMKTS:NGLOY) opened at $11.87 on Thursday. Anglo American has a one year low of $5.95 and a one year high of $13.13. The company has a market capitalization of $33,120.00, a price-to-earnings ratio of 9.65 and a beta of 1.05. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.42.
Anglo American 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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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