Zacks Investment Research downgraded shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a sell rating in a research note published on Wednesday.
According to Zacks, “Anglo American PLC is a mining company. Its portfolio includes iron ore, manganese, metallurgical coal, copper, nickel, platinum and diamonds. The company operates primarily in Africa, Europe, North and South America, Asia and Australia. Anglo American PLC is headquartered in London, the United Kingdom. “
Other equities research analysts have also recently issued reports about the stock. Jefferies Group raised shares of Anglo American from a hold rating to a buy rating in a research note on Friday, January 5th. raised shares of Anglo American from a hold rating to a buy rating in a research note on Tuesday, October 3rd. Deutsche Bank raised shares of Anglo American from a sell rating to a hold rating in a research note on Friday, December 1st. Finally, ValuEngine raised shares of Anglo American from a hold rating to a buy rating in a research note on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $10.00.
Shares of Anglo American (NGLOY) opened at $12.16 on Wednesday. The company has a market cap of $33,770.00, a PE ratio of 8.33 and a beta of 0.93. Anglo American has a 12 month low of $5.95 and a 12 month high of $12.17. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.42.
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About Anglo American
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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