Anglo American (OTCMKTS:NGLOY) Stock Rating Reaffirmed by Barclays
Several other research firms also recently commented on NGLOY. The Goldman Sachs Group upgraded Anglo American from a neutral rating to a buy rating in a research note on Wednesday, January 13th. UBS Group reissued a neutral rating on shares of Anglo American in a report on Monday, February 1st. Morgan Stanley reissued an overweight rating on shares of Anglo American in a report on Wednesday, March 24th. Zacks Investment Research raised shares of Anglo American from a hold rating to a strong-buy rating and set a $19.00 target price on the stock in a report on Tuesday, January 5th. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of Anglo American in a report on Friday, March 5th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of $19.00.
Anglo American stock opened at $20.93 on Wednesday. Anglo American has a 12 month low of $8.00 and a 12 month high of $21.41. The company has a current ratio of 1.82, a quick ratio of 1.13 and a debt-to-equity ratio of 0.40. The business’s 50 day simple moving average is $20.19 and its 200 day simple moving average is $16.47. The company has a market cap of $57.06 billion, a price-to-earnings ratio of 15.50 and a beta of 1.05.
Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.
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