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Anglo American plc (OTCMKTS:AAUKY) was downgraded by Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research note issued on Thursday.

Shares of Anglo American plc (OTCMKTS:AAUKY) traded down 3.17% on Thursday, hitting $11.92. 8,914 shares of the company’s stock traded hands. Anglo American plc has a one year low of $9.03 and a one year high of $13.86. The stock has a 50-day moving average of $12.93 and a 200-day moving average of $11.99. The company’s market cap is $30.478 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse downgraded shares of Anglo American plc from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 15th. Analysts at HSBC downgraded shares of Anglo American plc from an “overweight” rating to a “neutral” rating in a research note on Tuesday, April 29th.

Anglo American plc (OTCMKTS:AAUKY) is a mining company.

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