CIBC upgraded shares of Anglo American plc (OTC:NGLOY) from a sector underperform rating to a sector outperform rating in a research note released on Thursday, StockTargetPrices.com reports.
Several other analysts have also issued reports on NGLOY. JPMorgan Chase & Co. raised Anglo American plc from an underweight rating to an overweight rating in a report on Thursday, July 14th. Royal Bank Of Canada raised Anglo American plc from a sector perform rating to an outperform rating in a report on Monday, August 1st. Finally, Macquarie raised Anglo American plc from an underperform rating to a neutral rating in a report on Tuesday, September 20th.
Anglo American plc (OTC:NGLOY) opened at 6.23 on Thursday. The company’s 50-day moving average price is $5.65 and its 200 day moving average price is $4.97. Anglo American plc has a 52-week low of $1.57 and a 52-week high of $6.44. The company’s market capitalization is $16.07 billion.
About Anglo American plc
Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.
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