Anglo Amer Adr (NGLOY) Upgraded by HSBC Holdings plc to “Buy”
HSBC Holdings plc upgraded shares of Anglo Amer Adr (OTCMKTS:NGLOY) from a hold rating to a buy rating in a report published on Tuesday, MarketBeat reports.
NGLOY has been the subject of several other reports. Zacks Investment Research lowered Anglo Amer Adr from a buy rating to a hold rating in a research report on Saturday, September 2nd. Deutsche Bank AG cut Anglo Amer Adr from a hold rating to a sell rating in a research note on Monday, September 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $10.00.
Shares of Anglo Amer Adr (OTCMKTS NGLOY) opened at 9.80 on Tuesday. The stock has a market capitalization of $25.34 billion and a price-to-earnings ratio of 6.68. Anglo Amer Adr has a 52-week low of $5.95 and a 52-week high of $9.83. The stock has a 50 day moving average of $8.98 and a 200-day moving average of $7.62.
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The company also recently announced a None dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, August 11th were paid a $0.224 dividend. The ex-dividend date was Wednesday, August 9th.
About Anglo Amer Adr
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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