Anglo American plc Unsponsored (OTCMKTS:NGLOY) Given Average Rating of “Buy” by Brokerages

Anglo American plc Unsponsored (OTCMKTS:NGLOY) has earned a consensus recommendation of “Buy” from the eleven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $15.00.

Several analysts have recently weighed in on the stock. HSBC started coverage on shares of Tullow Oil in a research report on Tuesday, May 28th. They set a “hold” rating for the company. Deutsche Bank upgraded shares of Anglo American to a “buy” rating in a research report on Tuesday, April 2nd. Liberum Capital upgraded shares of Rio Tinto from a “sell” rating to a “buy” rating in a research report on Friday, May 17th. Societe Generale upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research report on Wednesday, May 22nd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Teck Resources from C$56.00 to C$55.00 in a research report on Wednesday, April 24th.

Shares of OTCMKTS:NGLOY traded up $0.12 during trading on Tuesday, hitting $13.59. 70,935 shares of the company were exchanged, compared to its average volume of 89,455. The stock has a market capitalization of $28.40 billion, a PE ratio of 10.62 and a beta of 0.66. The company has a quick ratio of 1.29, a current ratio of 1.95 and a debt-to-equity ratio of 0.28. Anglo American has a 12-month low of $9.37 and a 12-month high of $14.74. The company has a 50 day moving average of $13.22.

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

Featured Story: What is Depreciation?

Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.