Anglo American (OTCMKTS:NGLOY) was downgraded by stock analysts at UBS Group from a “neutral” rating to a “sell” rating in a note issued to investors on Friday, The Fly reports.
Several other equities research analysts have also recently weighed in on the stock. Societe Generale raised shares of Anglo American from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. ValuEngine raised shares of Anglo American from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, Zacks Investment Research cut shares of Anglo American from a “hold” rating to a “sell” rating in a research report on Tuesday, December 11th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $13.00.
NGLOY opened at $12.64 on Friday. Anglo American has a twelve month low of $9.37 and a twelve month high of $13.13. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.86 and a quick ratio of 1.23. The stock has a market cap of $26.60 billion, a P/E ratio of 9.80 and a beta of 0.36.
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.
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