Anglo American plc (NGLOY) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Anglo American plc (OTCMKTS:NGLOY) have been assigned an average rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $10.00.
Several equities analysts have recently commented on NGLOY shares. Zacks Investment Research upgraded Anglo American plc from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a research report on Wednesday. HSBC Holdings plc lowered Anglo American plc from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, ValuEngine lowered Anglo American plc from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd.
Anglo American plc (OTCMKTS:NGLOY) traded down 3.10% during mid-day trading on Friday, hitting $9.05. The stock had a trading volume of 126,212 shares. The company’s 50 day moving average price is $8.33 and its 200 day moving average price is $7.41. The firm has a market cap of $23.40 billion and a PE ratio of 6.17. Anglo American plc has a 52 week low of $5.09 and a 52 week high of $9.34.
The business also recently declared a None dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, August 11th will be given a dividend of $0.224 per share. The ex-dividend date is Wednesday, August 9th.
About Anglo American plc
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
Receive News & Ratings for Anglo American plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American plc and related companies with MarketBeat.com's FREE daily email newsletter.