Anglo American plc (OTCMKTS:NGLOY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Anglo American plc (OTCMKTS:NGLOY) has earned an average rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $20.09.

Several equities analysts have commented on NGLOY shares. BNP Paribas raised shares of Anglo American from a “neutral” rating to an “outperform” rating in a report on Friday, June 21st. Jefferies Financial Group downgraded shares of Anglo American from a “buy” rating to a “hold” rating in a research report on Wednesday, May 29th.

Anglo American Stock Performance

Shares of NGLOY opened at $15.87 on Friday. The firm’s 50-day simple moving average is $16.00 and its 200 day simple moving average is $13.36. The company has a current ratio of 1.85, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. Anglo American has a 52 week low of $10.37 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.