Anglo American (OTCMKTS:NGLOY) Receives $20.00 Consensus PT from Analysts

Shares of Anglo American (OTCMKTS:NGLOY) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $20.00.

A number of equities research analysts recently issued reports on NGLOY shares. Citigroup upgraded shares of Anglo American from a “neutral” rating to a “buy” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Anglo American in a research note on Monday, February 23rd. DZ Bank raised shares of Anglo American from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. JPMorgan Chase & Co. cut shares of Anglo American from a “neutral” rating to an “underweight” rating in a research note on Monday, March 9th. Finally, Barclays reissued an “overweight” rating on shares of Anglo American in a report on Wednesday, February 25th.

Anglo American Price Performance

Shares of OTCMKTS NGLOY opened at $20.38 on Tuesday. Anglo American has a 52-week low of $12.70 and a 52-week high of $26.04. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.98 and a quick ratio of 1.54. The business has a fifty day moving average of $23.12 and a two-hundred day moving average of $20.52.

Anglo American Company Profile

Anglo American plc is a multinational mining company headquartered in London that explores for, mines, processes and markets a broad range of commodities. Its principal activities cover the extraction and processing of bulk and specialty metals and minerals, including copper, iron ore, platinum group metals (PGMs), diamonds, nickel and both metallurgical and thermal coal. Anglo American’s operations span the full value chain from greenfield exploration and mine development through to mineral processing, smelting, refining and the sale of mined products to industrial and consumer markets worldwide.

The company has a long history in the mining industry, having been established in the early 20th century and grown into one of the world’s major mining groups.