Anglo American (OTCMKTS:NGLOY) Receives $20.00 Average PT from Analysts

Shares of Anglo American (OTCMKTS:NGLOY) have been assigned a consensus rating of “Buy” from the six brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $20.00.

Separately, Citigroup upgraded shares of Anglo American from a “neutral” rating to a “buy” rating in a report on Monday, February 2nd.

Anglo American Stock Up 2.5%

Anglo American stock opened at $23.78 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.65 and a current ratio of 2.11. The company has a 50-day moving average price of $21.26 and a 200 day moving average price of $18.63. Anglo American has a 12-month low of $12.70 and a 12-month high of $25.72.

About Anglo American

Anglo American plc is a multinational mining company headquartered in London that explores for, mines, processes and markets a broad range of commodities. Its principal activities cover the extraction and processing of bulk and specialty metals and minerals, including copper, iron ore, platinum group metals (PGMs), diamonds, nickel and both metallurgical and thermal coal. Anglo American’s operations span the full value chain from greenfield exploration and mine development through to mineral processing, smelting, refining and the sale of mined products to industrial and consumer markets worldwide.

The company has a long history in the mining industry, having been established in the early 20th century and grown into one of the world’s major mining groups.