Anglo American plc Unsponsored (OTCMKTS:NGLOY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Anglo American plc Unsponsored (OTCMKTS:NGLOY) have earned a consensus recommendation of “Buy” from the eleven research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $15.00.

A number of brokerages recently commented on NGLOY. Liberum Capital restated a “hold” rating on shares of Anglo American in a report on Wednesday, July 24th. ValuEngine lowered shares of Anglo American from a “sell” rating to a “strong sell” rating in a report on Thursday. Goldman Sachs Group upgraded shares of Anglo American from a “buy” rating to a “conviction-buy” rating in a research note on Thursday, April 11th. Credit Suisse Group upgraded shares of Anglo American from a “neutral” rating to an “outperform” rating in a research note on Friday, May 3rd. Finally, Zacks Investment Research upgraded shares of Anglo American from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Tuesday, June 18th.

Shares of OTCMKTS:NGLOY traded down $0.15 during midday trading on Friday, reaching $11.50. 98,087 shares of the company were exchanged, compared to its average volume of 210,846. Anglo American has a fifty-two week low of $9.37 and a fifty-two week high of $14.74. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.29 and a current ratio of 1.95. The stock’s fifty day moving average price is $13.58. The firm has a market cap of $25.82 billion, a price-to-earnings ratio of 8.98 and a beta of 0.65.

About Anglo American

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 iron; and nickel and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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