Scotiabank Forecasts Anglo American FY2027 Earnings

Anglo American (OTCMKTS:NGLOY) – Scotiabank issued their FY2027 earnings per share (EPS) estimates for shares of Anglo American in a research note issued to investors on Thursday, September 10th. Scotiabank analyst O. Wowkodaw forecasts that the mining company will post earnings per share of $1.30 for the year. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Anglo American’s current full-year earnings is $1.16 per share.

A number of other equities analysts have also recently weighed in on NGLOY. Berenberg Bank set a $28.00 price target on Anglo American and gave the stock a “hold” rating in a research note on Thursday, June 18th. Zacks Research lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Barclays reiterated an “overweight” rating on shares of Anglo American in a report on Tuesday, July 7th. Finally, Freedom Capital downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

Anglo American Price Performance

Shares of Anglo American stock opened at $26.34 on Wednesday. Anglo American has a 12-month low of $17.09 and a 12-month high of $29.61. The company has a quick ratio of 1.54, a current ratio of 1.98 and a debt-to-equity ratio of 0.60. The stock’s fifty day moving average is $26.32 and its 200-day moving average is $25.08.

Anglo American Company Profile

Anglo American plc is a global mining company headquartered in London, England. Its portfolio is centered on copper, premium iron ore and crop nutrients, with operations and development projects spanning Africa, Australia, South America and the United Kingdom. The company produces raw materials used in infrastructure, manufacturing, transportation, agriculture and the energy transition.

Anglo American’s copper business includes mines in Chile and Peru, while its iron ore operations include Kumba Iron Ore in South Africa and Minas-Rio in Brazil.