Anglo Amer Adr (OTCMKTS:NGLOY) Downgraded by Zacks Investment Research to Hold
Anglo Amer Adr (OTCMKTS:NGLOY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Saturday.
According to Zacks, “Anglo American PLC is a mining company. Its portfolio includes iron ore, manganese, metallurgical coal, copper, nickel, platinum and diamonds. The company operates primarily in Africa, Europe, North and South America, Asia and Australia. Anglo American PLC is headquartered in London, the United Kingdom. “
Other analysts have also issued research reports about the stock. Goldman Sachs Group, Inc. (The) lowered shares of Anglo Amer Adr from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 25th. HSBC Holdings plc lowered shares of Anglo Amer Adr from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, ValuEngine lowered shares of Anglo Amer Adr from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $9.50.
Anglo Amer Adr (NGLOY) opened at 8.025 on Friday. The stock’s 50 day moving average is $7.37 and its 200 day moving average is $7.39. The stock has a market capitalization of $20.75 billion and a price-to-earnings ratio of 5.472. Anglo Amer Adr has a 12-month low of $5.03 and a 12-month high of $8.87.
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About Anglo Amer Adr
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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