Anglo American plc (NGLOY) Receives Average Recommendation of “Buy” from Brokerages

Shares of Anglo American plc (OTCMKTS:NGLOY) have been given a consensus recommendation of “Buy” by the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. 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 on the company.

Several equities analysts have issued reports on the stock. Macquarie upgraded shares of Anglo American from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 23rd. Zacks Investment Research upgraded shares of Anglo American from a “sell” rating to a “hold” rating in a research report on Saturday, February 17th. Goldman Sachs upgraded shares of Anglo American from a “neutral” rating to a “conviction-buy” rating in a research report on Wednesday, March 14th. ValuEngine cut shares of Anglo American from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, Investec upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, March 9th.

OTCMKTS NGLOY traded up $0.40 on Thursday, hitting $12.72. The company’s stock had a trading volume of 43,300 shares, compared to its average volume of 246,541. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.38 and a current ratio of 1.99. Anglo American has a 1-year low of $5.95 and a 1-year high of $13.13. The stock has a market cap of $25.18 billion, a P/E ratio of 9.86 and a beta of 1.02.

Anglo American Company Profile

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.

Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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