Anglo American plc (NGLOY) Stock Rating Upgraded by Jefferies Group
Anglo American plc (OTCMKTS:NGLOY) was upgraded by equities research analysts at Jefferies Group from an “underperform” rating to a “hold” rating in a report issued on Thursday.
Several other research firms also recently commented on NGLOY. CIBC upgraded Anglo American plc from an “underperform” rating to a “sector outperform” rating in a report on Thursday, September 29th. Macquarie raised Anglo American plc from an “underperform” rating to a “neutral” rating in a research note on Tuesday, September 20th. Barclays PLC raised Anglo American plc from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, September 21st. JPMorgan Chase & Co. raised Anglo American plc from an “underweight” rating to an “overweight” rating in a research report on Thursday, July 14th. Finally, RBC Capital Markets raised Anglo American plc from a “sector perform” rating to an “outperform” rating in a research report on Monday, August 1st. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. Anglo American plc has a consensus rating of “Hold”.
Shares of Anglo American plc (OTCMKTS:NGLOY) opened at 7.49 on Thursday. Anglo American plc has a 52-week low of $1.57 and a 52-week high of $7.52. The firm has a 50 day moving average price of $0.00 and a 200-day moving average price of $0.00.
About Anglo American plc
Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The Company’s segments include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It produces platinum group metals (PGMs), which provides approximately 40% of mined platinum and its operations are located in the Bushveld Complex in South Africa.
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