Anglo American (NGLOY) – What Are Brokerages Saying About This Stock?

Anglo American (OTCMKTS:NGLOY) has earned an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $28.00.

A number of equities research analysts recently issued reports on the company. Zacks Research raised Anglo American from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Freedom Broker downgraded Anglo American from a “hold” rating to a “strong sell” rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. raised shares of Anglo American from an “underweight” rating to a “neutral” rating in a research note on Wednesday, October 14th. Barclays reiterated an “overweight” rating on shares of Anglo American in a report on Tuesday, July 7th. Finally, Scotiabank assumed coverage on shares of Anglo American in a research report on Tuesday, September 8th. They issued an “outperform” rating on the stock.

Anglo American Price Performance

NGLOY stock opened at $25.10 on Wednesday. The company has a quick ratio of 1.78, a current ratio of 2.21 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average of $26.93 and a 200-day moving average of $25.16. Anglo American has a fifty-two week low of $17.49 and a fifty-two week high of $29.61.

Anglo American Company Profile

Anglo American plc is a global mining company headquartered in London, United Kingdom. Founded in 1917, the company explores for, develops and produces a range of natural resources used in construction, manufacturing, energy and consumer products.

Its principal commodities have included copper, iron ore, platinum-group metals, nickel, metallurgical coal and diamonds. Anglo American has operated mines and processing facilities across Africa, Australia, South America and other international markets.