Anglo American (OTCMKTS:NGLOY) Cut to “Hold” at Sanford C. Bernstein

Sanford C. Bernstein downgraded shares of Anglo American (OTCMKTS:NGLOY) from a strong-buy rating to a hold rating in a research report report published on Tuesday morning,Zacks.com reports.

NGLOY has been the subject of a number of other reports. Berenberg Bank lowered Anglo American from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Royal Bank of Canada lowered shares of Anglo American from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. Jefferies Financial Group raised Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, November 29th. Finally, Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Anglo American Stock Up 1.2 %

Anglo American stock opened at $14.82 on Tuesday. Anglo American has a 52 week low of $10.69 and a 52 week high of $17.60. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The business’s 50-day simple moving average is $15.24 and its 200-day simple moving average is $14.97.

About Anglo American

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.