Anglo American (OTCMKTS:NGLOY) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “conviction-buy” rating in a report issued on Wednesday, The Fly reports.
Other research analysts have also issued research reports about the company. Jefferies Group upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Deutsche Bank upgraded Anglo American from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Anglo American from a “sell” rating to a “hold” rating in a research report on Saturday, February 17th. Macquarie upgraded Anglo American from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 23rd. Finally, ValuEngine lowered Anglo American from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 1st. Two analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Anglo American currently has an average rating of “Buy” and an average price target of $10.00.
Anglo American (OTCMKTS NGLOY) opened at $12.11 on Wednesday. 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 12-month low of $5.95 and a 12-month high of $13.13.
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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