Anglo American’s (NGLOY) Overweight Rating Reaffirmed at Barclays


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Barclays reaffirmed their overweight rating on shares of Anglo American (OTCMKTS:NGLOY) in a report issued on Wednesday morning, The Fly reports.

Other equities research analysts also recently issued reports about the company. UBS Group restated a neutral rating on shares of Anglo American in a report on Monday, February 1st. Zacks Investment Research upgraded Anglo American from a hold rating to a strong-buy rating and set a $19.00 price target for the company in a report on Tuesday, January 5th. Liberum Capital cut Anglo American from a buy rating to a hold rating in a research report on Tuesday, February 2nd. Berenberg Bank reaffirmed a buy rating on shares of Anglo American in a research report on Wednesday. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Anglo American in a research report on Friday, March 5th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Anglo American has an average rating of Buy and an average price target of $19.00.

Shares of Anglo American stock opened at $20.93 on Wednesday. Anglo American has a 1 year low of $8.00 and a 1 year high of $21.41. The business has a 50-day moving average of $20.19 and a two-hundred day moving average of $16.47. The company has a market capitalization of $57.06 billion, a P/E ratio of 15.50 and a beta of 1.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.82 and a quick ratio of 1.13.

About Anglo American

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; 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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Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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