Anglo American plc (OTCMKTS:NGLOY) Receives Average Rating of “Hold” from Brokerages

Shares of Anglo American plc (OTCMKTS:NGLOY) have earned a consensus rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company.

A number of equities research analysts have recently commented on NGLOY shares. Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Jefferies Financial Group upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. Sanford C. Bernstein cut shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Royal Bank of Canada lowered Anglo American from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Finally, Berenberg Bank downgraded Anglo American from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th.

Anglo American Stock Down 0.9 %

Shares of NGLOY opened at $14.69 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33. The business’s 50 day moving average price is $15.23 and its 200-day moving average price is $14.96. Anglo American has a 52 week low of $10.69 and a 52 week high of $17.60.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.