FY2019 Earnings Forecast for Anglo American plc Unsponsored (NGLOY) Issued By Jefferies Financial Group
Anglo American plc Unsponsored (OTCMKTS:NGLOY) – Stock analysts at Jefferies Financial Group boosted their FY2019 earnings per share estimates for Anglo American in a research report issued to clients and investors on Wednesday, March 13th. Jefferies Financial Group analyst C. Lafemina now anticipates that the mining company will earn $1.41 per share for the year, up from their previous estimate of $1.33.
Other equities analysts have also issued research reports about the company. Goldman Sachs Group lowered Anglo American from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, February 26th. Zacks Investment Research upgraded Anglo American from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Saturday, February 9th. Societe Generale lowered Anglo American from a “buy” rating to a “hold” rating in a research note on Wednesday, January 16th. ValuEngine upgraded Anglo American from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, UBS Group lowered Anglo American from a “neutral” rating to a “sell” rating in a research note on Friday, February 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Anglo American has a consensus rating of “Hold” and an average price target of $14.00.
The firm also recently declared a Semi-Annual dividend, which will be paid on Monday, May 13th. Investors of record on Friday, March 15th will be paid a $0.236 dividend. The ex-dividend date is Thursday, March 14th. Anglo American’s dividend payout ratio is presently 35.94%.
About Anglo American
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 nickel; and iron and manganese ores, as well as alloys.
Featured Story: Return on Investment (ROI) Defined, Explained
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.