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

Anglo American plc (OTCMKTS:NGLOY) has been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts recently issued reports on the company. Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th. Royal Bank of Canada downgraded Anglo American from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Clarkson Capital upgraded Anglo American to a “strong-buy” rating in a research note on Friday, February 28th. Sanford C. Bernstein lowered Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Jefferies Financial Group upgraded shares of Anglo American from a “hold” rating to a “buy” rating in a research note on Friday, November 29th.

Anglo American Stock Up 1.2 %

Shares of NGLOY opened at $14.89 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33. The business’s 50 day moving average price is $15.05 and its 200-day moving average price is $15.07. Anglo American has a 52 week low of $10.69 and a 52 week high of $17.60.

Anglo American Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, March 14th.

Anglo American Company Profile

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.