Anglo American (NGLOY) Downgraded by Societe Generale to Hold

Anglo American (OTCMKTS:NGLOY) was downgraded by stock analysts at Societe Generale from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, The Fly reports.

NGLOY has been the subject of a number of other research reports. Macquarie raised Anglo American from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 23rd. Zacks Investment Research raised Anglo American from a “sell” rating to a “hold” rating in a research note on Saturday, February 17th. Goldman Sachs raised Anglo American from a “neutral” rating to a “conviction-buy” rating in a research note on Wednesday, March 14th. ValuEngine cut Anglo American from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 1st. Finally, Morgan Stanley raised Anglo American from an “equal weight” rating to an “overweight” rating in a research note on Thursday, January 11th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Anglo American has an average rating of “Buy” and a consensus target price of $10.00.

Shares of NGLOY stock opened at $11.52 on Friday. The company has a market capitalization of $32,868.01, a price-to-earnings ratio of 8.93 and a beta of 1.01. Anglo American has a fifty-two week low of $5.95 and a fifty-two week high of $13.13.

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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.

The Fly

Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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