Anglo American (OTCMKTS:NGLOY) Stock Rating Upgraded by Berenberg Bank

Anglo American (OTCMKTS:NGLOY) was upgraded by stock analysts at Berenberg Bank from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Anglo American in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Anglo American Stock Up 0.7%

Shares of NGLOY opened at $17.52 on Wednesday. Anglo American has a 12-month low of $12.70 and a 12-month high of $18.74. The business’s fifty day moving average is $15.02 and its 200 day moving average is $14.49. The company has a current ratio of 1.86, a quick ratio of 1.29 and a debt-to-equity ratio of 0.57.

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.