Anglo American plc (OTCMKTS:NGLOY) Receives $20.09 Consensus Target Price from Analysts

Anglo American plc (OTCMKTS:NGLOY) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $20.09.

Several analysts have weighed in on the stock. UBS Group upgraded shares of Anglo American from a “neutral” rating to a “buy” rating in a research note on Friday, December 1st. BMO Capital Markets downgraded shares of Anglo American from an “outperform” rating to a “market perform” rating in a report on Monday, December 11th. Finally, The Goldman Sachs Group initiated coverage on shares of Anglo American in a report on Friday, January 12th. They set a “neutral” rating for the company.

Anglo American Stock Performance

NGLOY stock opened at $12.43 on Tuesday. The company has a current ratio of 1.85, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. Anglo American has a 1-year low of $10.37 and a 1-year high of $17.46. The firm has a fifty day moving average price of $11.51 and a two-hundred day moving average price of $12.44.

Anglo American Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 10th. Investors of record on Friday, March 15th will be issued a $0.1804 dividend. The ex-dividend date of this dividend is Thursday, 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.