Anglo American plc (OTCMKTS:NGLOY) Given Consensus Recommendation of “Hold” by Analysts

Anglo American plc (OTCMKTS:NGLOYGet Rating) has received an average recommendation of “Buy” from the twelve brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $3,575.00.

A number of research firms recently issued reports on NGLOY. Royal Bank of Canada downgraded shares of Anglo American from an “outperform” rating to a “sector perform” rating in a research report on Friday, April 22nd. UBS Group dropped their target price on shares of Anglo American from GBX 3,200 ($38.84) to GBX 3,000 ($36.41) in a research report on Friday, April 22nd. HSBC began coverage on shares of Anglo American in a research report on Friday, March 18th. They set a “buy” rating on the stock. Berenberg Bank boosted their target price on shares of Anglo American from GBX 3,500 ($42.48) to GBX 3,600 ($43.69) in a research report on Thursday, February 24th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Anglo American from GBX 3,600 ($43.69) to GBX 3,450 ($41.87) in a report on Friday, April 22nd.

Anglo American stock opened at $20.54 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.29 and a debt-to-equity ratio of 0.33. Anglo American has a 12-month low of $16.75 and a 12-month high of $27.80. The firm’s fifty day moving average is $23.20 and its 200 day moving average is $23.17.

About Anglo American (Get Rating)

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

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Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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