Anglo American (OTCMKTS:NGLOY) Raised to Hold at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Anglo American (OTCMKTS:NGLOYFree Report) from a strong sell rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

NGLOY has been the subject of a number of other reports. Citigroup downgraded Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Sanford C. Bernstein cut Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Jefferies Financial Group upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, November 29th. Finally, Clarkson Capital upgraded Anglo American to a “strong-buy” rating in a research report on Friday, February 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on NGLOY

Anglo American Stock Down 2.5 %

Shares of OTCMKTS:NGLOY opened at $15.00 on Tuesday. Anglo American has a 12-month low of $11.97 and a 12-month high of $17.60. The business has a 50 day moving average of $15.13 and a two-hundred day moving average of $15.09. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33.

Anglo American Cuts Dividend

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

Anglo American Company Profile

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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.

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Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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