Anglo American plc (NGLOY) Upgraded to Equal Weight at Barclays PLC
Anglo American plc (OTCMKTS:NGLOY) was upgraded by Barclays PLC from an “underweight” rating to an “equal weight” rating in a report issued on Wednesday.
Several other brokerages have also recently issued reports on NGLOY. Macquarie upgraded Anglo American plc from an “underperform” rating to a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. upgraded Anglo American plc from an “underweight” rating to an “overweight” rating in a research note on Thursday, July 14th. RBC Capital Markets upgraded Anglo American plc from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 1st. Royal Bank Of Canada upgraded Anglo American plc from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 1st. Finally, Sanford C. Bernstein reiterated an “overweight” rating on shares of Anglo American plc in a research note on Wednesday, May 25th. Nine equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold”.
Shares of Anglo American plc (OTCMKTS:NGLOY) opened at 5.52 on Wednesday. Anglo American plc has a 1-year low of $1.57 and a 1-year high of $5.81. The stock’s market cap is $14.24 billion. The firm’s 50-day moving average price is $5.50 and its 200 day moving average price is $4.80.
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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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