Anglo American plc (NGLOY) Receives Average Recommendation of “Hold” from Analysts

Shares of Anglo American plc (OTCMKTS:NGLOY) have been assigned a consensus rating of “Hold” from the thirteen research firms that are presently covering the company. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company.

A number of research firms have recently issued reports on NGLOY. BNP Paribas upgraded Anglo American plc from an “underperform” rating to a “neutral” rating in a report on Friday, December 2nd. Citigroup Inc upgraded Anglo American plc from a “sell” rating to a “neutral” rating in a report on Monday, December 5th. Finally, HSBC Holdings plc upgraded Anglo American plc from a “hold” rating to a “buy” rating in a report on Tuesday, January 17th.

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Shares of Anglo American plc (OTCMKTS:NGLOY) opened at 7.86 on Thursday. Anglo American plc has a one year low of $3.32 and a one year high of $8.87. The company has a market capitalization of $20.02 billion and a P/E ratio of 12.78. The firm has a 50-day moving average price of $8.03 and a 200-day moving average price of $7.15.

Anglo American plc Company Profile

Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The Company’s segments include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It produces platinum group metals (PGMs), which provides approximately 40% of mined platinum and its operations are located in the Bushveld Complex in South Africa.

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