Anglo American (OTCMKTS:NGLOY) Upgraded by Royal Bank of Canada to “Hold” Rating

Anglo American (OTCMKTS:NGLOY) was upgraded by research analysts at Royal Bank of Canada from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

NGLOY has been the subject of several other research reports. Sanford C. Bernstein lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Clarkson Capital raised Anglo American to a “strong-buy” rating in a report on Friday, February 28th. Citigroup lowered Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Finally, Jefferies Financial Group upgraded Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Anglo American presently has an average rating of “Moderate Buy”.

Anglo American Stock Up 0.3 %

Shares of OTCMKTS:NGLOY opened at $15.38 on Tuesday. Anglo American has a twelve month low of $11.67 and a twelve month high of $17.60. The stock’s 50 day moving average is $15.12 and its 200-day moving average is $15.09. The company has a quick ratio of 1.33, a current ratio of 1.98 and a debt-to-equity ratio of 0.56.

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.