Anglo American (NGLOY) Upgraded to “Buy” by Jefferies Group
Anglo American (OTCMKTS:NGLOY) was upgraded by investment analysts at Jefferies Group from a “hold” rating to a “buy” rating in a report issued on Friday.
A number of other research firms have also recently weighed in on NGLOY. Zacks Investment Research cut Anglo American from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. raised Anglo American from a “hold” rating to a “buy” rating in a report on Tuesday, October 3rd. Deutsche Bank raised Anglo American from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Finally, ValuEngine raised Anglo American from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $10.00.
Anglo American (NGLOY) traded up $0.03 during trading on Friday, reaching $10.91. The company’s stock had a trading volume of 120,837 shares, compared to its average volume of 310,657. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.42. Anglo American has a twelve month low of $5.95 and a twelve month high of $10.92.
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.
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