Anglo American plc (OTCMKTS:NGLOY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Anglo American plc (OTCMKTS:NGLOY) has earned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company.

Several analysts have recently commented on the stock. Sanford C. Bernstein downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 28th. Barclays reaffirmed an “overweight” rating on shares of Anglo American in a report on Wednesday. Royal Bank of Canada upgraded Anglo American from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 18th. Clarkson Capital raised Anglo American to a “strong-buy” rating in a report on Friday, February 28th. Finally, Citigroup lowered Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th.

Anglo American Trading Up 1.1 %

Shares of OTCMKTS NGLOY opened at $13.46 on Friday. Anglo American has a 52 week low of $11.18 and a 52 week high of $17.60. The business’s 50 day moving average price is $14.31 and its 200 day moving average price is $14.92. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

Anglo American Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Friday, 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.