Brokers Issue Forecasts for Anglo American FY2027 Earnings

Anglo American (OTCMKTS:NGLOY) – Research analysts at Scotiabank issued their FY2027 earnings per share (EPS) estimates for Anglo American in a report issued on Thursday, September 10th. Scotiabank analyst O. Wowkodaw anticipates that the mining company will post earnings of $1.30 per share for the year. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Anglo American’s current full-year earnings is $1.16 per share.

NGLOY has been the subject of several other research reports. Barclays reissued an “overweight” rating on shares of Anglo American in a report on Tuesday, July 7th. Freedom Capital cut shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Berenberg Bank set a $28.00 price objective on shares of Anglo American and gave the company a “hold” rating in a research report on Thursday, June 18th. Finally, Zacks Research lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Anglo American currently has an average rating of “Moderate Buy” and an average price target of $28.00.

Anglo American Stock Performance

Shares of OTCMKTS NGLOY opened at $26.34 on Wednesday. Anglo American has a 12-month low of $17.09 and a 12-month high of $29.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.98 and a quick ratio of 1.54. The stock’s 50 day simple moving average is $26.32 and its 200 day simple moving average is $25.08.

Anglo American Company Profile

Anglo American plc is a global mining company headquartered in London, England. Its portfolio is centered on copper, premium iron ore and crop nutrients, with operations and development projects spanning Africa, Australia, South America and the United Kingdom. The company produces raw materials used in infrastructure, manufacturing, transportation, agriculture and the energy transition.

Anglo American’s copper business includes mines in Chile and Peru, while its iron ore operations include Kumba Iron Ore in South Africa and Minas-Rio in Brazil.