ValuEngine downgraded shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a sell rating in a research note issued to investors on Friday morning.
Several other research analysts also recently issued reports on the company. Societe Generale raised Anglo American from a hold rating to a buy rating in a research note on Wednesday, October 24th. Zacks Investment Research raised Anglo American from a hold rating to a buy rating and set a $13.00 price target for the company in a research note on Wednesday, September 26th. Finally, HSBC raised Anglo American from a hold rating to a buy rating in a research note on Wednesday, September 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $13.00.
Shares of OTCMKTS NGLOY opened at $10.03 on Friday. The firm has a market cap of $22.55 billion, a price-to-earnings ratio of 7.78 and a beta of 0.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.86. Anglo American has a one year low of $9.00 and a one year high of $13.13.
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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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