Anglo American (OTCMKTS:NGLOY) Stock Rating Upgraded by Jefferies Financial Group

Anglo American (OTCMKTS:NGLOY) was upgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a note issued to investors on Friday, Marketbeat reports.

A number of other equities research analysts have also recently issued reports on NGLOY. Citigroup upgraded shares of Anglo American to a “strong-buy” rating in a report on Wednesday, October 9th. Berenberg Bank lowered Anglo American from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Anglo American Price Performance

Shares of Anglo American stock opened at $16.06 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98. The firm has a fifty day simple moving average of $15.34 and a 200-day simple moving average of $15.13. Anglo American has a 1-year low of $10.37 and a 1-year high of $17.60.

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.