Anglo American (NGLOY) Raised to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of Anglo American (OTCMKTS:NGLOY) from a sell rating to a hold rating in a research report released on Saturday.
According to Zacks, “Anglo American PLC is a mining company. Its portfolio includes iron ore, manganese, metallurgical coal, copper, nickel, platinum and diamonds. The company operates primarily in Africa, Europe, North and South America, Asia and Australia. Anglo American PLC is headquartered in London, the United Kingdom. “
NGLOY has been the subject of several other research reports. ValuEngine upgraded shares of Anglo American from a buy rating to a strong-buy rating in a research report on Monday, February 5th. Morgan Stanley upgraded shares of Anglo American from an equal weight rating to an overweight rating in a research report on Thursday, January 11th. Macquarie upgraded shares of Anglo American from a neutral rating to an outperform rating in a research report on Tuesday, January 23rd. Deutsche Bank upgraded shares of Anglo American from a sell rating to a hold rating in a research report on Friday, December 1st. Finally, Jefferies Group upgraded shares of Anglo American from a hold rating to a buy rating in a research report on Friday, January 5th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $10.00.
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About Anglo American
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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