Anglo American plc (OTCMKTS:NGLOY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Anglo American plc (OTCMKTS:NGLOY) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $20.09.

Several equities research analysts have recently commented on the company. BNP Paribas raised Anglo American from a “neutral” rating to an “outperform” rating in a report on Friday. Jefferies Financial Group downgraded Anglo American from a “buy” rating to a “hold” rating in a report on Wednesday, May 29th.

Anglo American Price Performance

OTCMKTS NGLOY opened at $15.65 on Friday. The business has a 50 day simple moving average of $15.76 and a 200 day simple moving average of $13.23. Anglo American has a 52-week low of $10.37 and a 52-week high of $17.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.85 and a quick ratio of 1.17.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.