Anglo American plc (OTCMKTS:NGLOY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Anglo American plc (OTCMKTS:NGLOY) have been given an average recommendation of “Moderate Buy” by the nine brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company.

Several analysts have weighed in on the stock. Barclays reaffirmed an “overweight” rating on shares of Anglo American in a research note on Wednesday, April 16th. Clarkson Capital raised shares of Anglo American to a “strong-buy” rating in a research note on Friday, February 28th. Finally, Royal Bank of Canada raised shares of Anglo American from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

Anglo American Trading Down 3.2%

OTCMKTS NGLOY opened at $14.53 on Friday. The company’s 50-day simple moving average is $13.93 and its 200 day simple moving average is $14.65. Anglo American has a twelve month low of $11.18 and a twelve month high of $16.49. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33.

Anglo American Company Profile

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.