Anglo American (OTCMKTS:NGLOY – Get Rating) had its target price upped by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 3,400 ($40.20) to GBX 3,500 ($41.39) in a report issued on Wednesday, The Fly reports.
A number of other research analysts have also commented on the company. JPMorgan Chase & Co. upped their price target on Anglo American from GBX 4,000 ($47.30) to GBX 4,100 ($48.48) in a research report on Friday, October 28th. Berenberg Bank lowered Anglo American from a “buy” rating to a “hold” rating in a research report on Thursday, October 6th. Royal Bank of Canada raised Anglo American from a “sector perform” rating to an “outperform” rating in a research report on Friday, July 29th. Barclays increased their target price on Anglo American from GBX 3,150 ($37.25) to GBX 3,165 ($37.42) in a research report on Friday, October 21st. Finally, Exane BNP Paribas lowered Anglo American from an “outperform” rating to a “neutral” rating in a research report on Thursday, October 6th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Anglo American currently has an average rating of “Hold” and a consensus target price of $3,685.00.
Anglo American Stock Performance
Shares of NGLOY stock opened at $19.35 on Wednesday. Anglo American has a 1-year low of $13.72 and a 1-year high of $27.80. The business has a 50-day moving average of $16.24 and a 200 day moving average of $17.96.
Anglo American Company Profile
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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