Anglo American plc (OTCMKTS:NGLOY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Anglo American plc (OTCMKTS:NGLOY) has been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

NGLOY has been the subject of several research reports. Clarkson Capital upgraded shares of Anglo American to a “strong-buy” rating in a research report on Friday, February 28th. Royal Bank of Canada upgraded shares of Anglo American from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Jefferies Financial Group raised Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th. Finally, Sanford C. Bernstein lowered Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th.

Anglo American Stock Performance

Shares of NGLOY stock opened at $15.01 on Tuesday. The stock has a 50-day simple moving average of $15.13 and a 200 day simple moving average of $15.13. Anglo American has a fifty-two week low of $12.28 and a fifty-two week high of $17.60. The company has a quick ratio of 1.33, a current ratio of 1.98 and a debt-to-equity ratio of 0.56.

Anglo American Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Friday, March 14th.

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.