Anglo American (OTCMKTS:NGLOY – Get Free Report) has received an average rating of “Moderate Buy” from the ten brokerages that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $28.00.
A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Anglo American in a report on Friday, May 15th. Oddo Bhf upgraded Anglo American to an “outperform” rating in a report on Wednesday, April 15th. Barclays reaffirmed an “overweight” rating on shares of Anglo American in a research report on Tuesday, July 7th. Zacks Research upgraded shares of Anglo American from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Finally, Berenberg Bank set a $28.00 target price on shares of Anglo American and gave the stock a “hold” rating in a research note on Thursday, June 18th.
Read Our Latest Stock Report on Anglo American
Anglo American Price Performance
Anglo American Company Profile
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.
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