Investec upgraded shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a buy rating in a research report sent to investors on Friday morning, The Fly reports.
Several other research firms have also issued reports on NGLOY. Macquarie raised shares of Anglo American from a neutral rating to an outperform rating in a research note on Tuesday, January 23rd. Zacks Investment Research raised shares of Anglo American from a sell rating to a hold rating in a research note on Saturday, February 17th. ValuEngine lowered shares of Anglo American from a strong-buy rating to a buy rating in a research note on Thursday, March 1st. Morgan Stanley raised shares of Anglo American from an equal weight rating to an overweight rating in a research note on Thursday, January 11th. Finally, Jefferies Group raised shares of Anglo American from a hold rating to a buy rating in a research note on Friday, January 5th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Anglo American has an average rating of Buy and an average price target of $10.00.
Shares of Anglo American (OTCMKTS:NGLOY) opened at $12.21 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.39 and a current ratio of 1.98. Anglo American has a 12 month low of $5.95 and a 12 month high of $13.13. The stock has a market cap of $33,890.00, a PE ratio of 9.92 and a beta of 1.05.
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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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