Anglo American plc (NGLOY) Rating Increased to Hold at Jefferies Group
Anglo American plc (OTC:NGLOY) was upgraded by Jefferies Group from an “underperform” rating to a “hold” rating in a research report issued to clients and investors on Thursday.
Several other equities research analysts have also issued reports on the stock. CIBC upgraded shares of Anglo American plc from a “sector underperform” rating to a “sector outperform” rating in a report on Thursday, September 29th. Macquarie upgraded shares of Anglo American plc from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 20th. Royal Bank Of Canada upgraded shares of Anglo American plc from a “sector perform” rating to an “outperform” rating in a report on Monday, August 1st. Finally, JPMorgan Chase & Co. upgraded shares of Anglo American plc from an “underweight” rating to an “overweight” rating in a report on Thursday, July 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy”.
Shares of Anglo American plc (OTC:NGLOY) opened at 7.36 on Thursday. Anglo American plc has a one year low of $1.57 and a one year high of $7.70. The firm has a 50-day moving average of $0.00 and a 200-day moving average 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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