Analysts Set Anglo American plc (OTCMKTS:NGLOY) PT at $20.09

Shares of Anglo American plc (OTCMKTS:NGLOY) have been given a consensus rating of “Moderate Buy” by the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $20.09.

A number of analysts have recently commented on the stock. BMO Capital Markets cut shares of Anglo American from an “outperform” rating to a “market perform” rating in a research note on Monday, December 11th. UBS Group upgraded shares of Anglo American from a “neutral” rating to a “buy” rating in a research report on Friday, December 1st. Finally, The Goldman Sachs Group started coverage on shares of Anglo American in a research report on Friday, January 12th. They set a “neutral” rating on the stock.

Anglo American Stock Performance

NGLOY stock opened at $12.43 on Tuesday. The firm has a 50-day simple moving average of $11.51 and a 200-day simple moving average of $12.44. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.85 and a quick ratio of 1.17. Anglo American has a 52 week low of $10.37 and a 52 week high of $17.46.

Anglo American Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, May 10th. Shareholders of record on Friday, March 15th will be issued a $0.1804 dividend. The ex-dividend date is Thursday, March 14th.

About Anglo American

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.