ValuEngine Downgrades Anglo American (NGLOY) to Sell
Anglo American (OTCMKTS:NGLOY) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Friday.
Separately, Zacks Investment Research raised shares of Anglo American from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Wednesday, June 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $12.00.
OTCMKTS NGLOY opened at $9.58 on Friday. The stock has a market capitalization of $20.37 billion, a P/E ratio of 7.43 and a beta of 0.62. Anglo American has a twelve month low of $8.67 and a twelve month high of $13.13. The company has a current ratio of 1.99, a quick ratio of 1.38 and a debt-to-equity ratio of 0.37.
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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