Anglo American (NGLOY) Raised to “Strong-Buy” at ValuEngine

Anglo American (OTCMKTS:NGLOY) was upgraded by stock analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a report issued on Monday, February 5th.

A number of other research firms have also weighed in on NGLOY. Macquarie upgraded Anglo American from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 23rd. Morgan Stanley upgraded Anglo American from an “equal weight” rating to an “overweight” rating in a research report on Thursday, January 11th. Zacks Investment Research cut Anglo American from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Jefferies Group upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Finally, Deutsche Bank upgraded Anglo American from a “sell” rating to a “hold” rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $10.00.

Shares of Anglo American (OTCMKTS NGLOY) traded up $0.17 during mid-day trading on Monday, reaching $11.48. The company had a trading volume of 182,472 shares, compared to its average volume of 219,678. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.42. Anglo American has a one year low of $5.95 and a one year high of $12.67.

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Anglo American Company Profile

Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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