Anglo American (OTCMKTS:NGLOY) Rating Lowered to Hold at Investec

Investec downgraded shares of Anglo American (OTCMKTS:NGLOY) from a buy rating to a hold rating in a report published on Tuesday, January 7th, The Fly reports.

Other equities analysts have also recently issued reports about the stock. BNP Paribas cut shares of Anglo American from a neutral rating to an underperform rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. upgraded Anglo American from a neutral rating to an overweight rating in a research report on Tuesday, December 17th. Clarkson Capital restated a neutral rating on shares of Anglo American in a report on Monday, September 23rd. Societe Generale lowered shares of Anglo American from a buy rating to a hold rating in a research report on Monday, December 16th. Finally, Zacks Investment Research raised shares of Anglo American from a hold rating to a strong-buy rating and set a $17.00 target price for the company in a research note on Saturday, January 4th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $17.00.

Shares of OTCMKTS:NGLOY opened at $14.26 on Tuesday. Anglo American has a fifty-two week low of $10.07 and a fifty-two week high of $14.80. The stock has a market cap of $40.07 billion, a price-to-earnings ratio of 11.14 and a beta of 0.76. The firm’s 50 day moving average price is $14.06 and its 200 day moving average price is $12.75.

About Anglo American

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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