Anglo American (NGLOY) Lowered to Sell at ValuEngine
ValuEngine lowered shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a sell rating in a report released on Friday morning.
Separately, Zacks Investment Research upgraded Anglo American from a hold rating to a buy rating and set a $12.00 price objective for the company in a research note on Wednesday, June 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Buy and an average price target of $12.00.
Shares of OTCMKTS:NGLOY opened at $9.53 on Friday. Anglo American has a 52-week low of $8.67 and a 52-week high of $13.13. The stock has a market capitalization of $20.02 billion, a PE ratio of 7.39 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.99 and a quick ratio of 1.38.
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 nickel; and iron and manganese ores, as well as alloys.
Recommended Story: Return on Investment (ROI) Defined, Explained
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.