Anglo American plc (OTCMKTS:NGLOY) Given Consensus Rating of “Moderate Buy” by Analysts

Anglo American plc (OTCMKTS:NGLOY) has earned an average rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company.

Several brokerages have commented on NGLOY. Sanford C. Bernstein lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Clarkson Capital upgraded shares of Anglo American to a “strong-buy” rating in a research note on Friday, February 28th. Citigroup lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Barclays restated an “overweight” rating on shares of Anglo American in a report on Wednesday, April 16th. Finally, Royal Bank of Canada raised shares of Anglo American from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

Anglo American Stock Up 3.9%

Shares of OTCMKTS NGLOY opened at $14.82 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98. Anglo American has a 12 month low of $11.18 and a 12 month high of $17.45. The firm has a fifty day simple moving average of $13.90 and a two-hundred day simple moving average of $14.75.

Anglo American Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be paid a $0.11 dividend. The ex-dividend date is Friday, March 14th.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.