Anglo American plc (NGLOY) Upgraded to Neutral by Macquarie
Anglo American plc (OTCMKTS:NGLOY) was upgraded by investment analysts at Macquarie from an “underperform” rating to a “neutral” rating in a report released on Tuesday.
Several other brokerages have also recently issued reports on NGLOY. Sanford C. Bernstein reaffirmed an “overweight” rating on shares of Anglo American plc in a research report on Wednesday, May 25th. Royal Bank Of Canada raised Anglo American plc from a “sector perform” rating to an “outperform” rating in a research report on Monday, August 1st. RBC Capital Markets raised Anglo American plc from a “sector perform” rating to an “outperform” rating in a research report on Monday, August 1st. Finally, JPMorgan Chase & Co. raised Anglo American plc from an “underweight” rating to an “overweight” rating in a research report on Thursday, July 14th. Nine research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. Anglo American plc currently has an average rating of “Hold”.
Anglo American plc (OTCMKTS:NGLOY) traded down 0.36% during mid-day trading on Tuesday, reaching $5.52. The company’s stock had a trading volume of 20,729 shares. The stock has a 50-day moving average price of $5.50 and a 200-day moving average price of $4.79. Anglo American plc has a one year low of $1.57 and a one year high of $5.81. The company’s market capitalization is $14.24 billion.
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About Anglo American plc
Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.
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