Anglo American plc (OTCMKTS:NGLOY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Anglo American plc (OTCMKTS:NGLOY) has received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

NGLOY has been the subject of a number of recent analyst reports. Sanford C. Bernstein downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Clarkson Capital raised shares of Anglo American to a “strong-buy” rating in a report on Friday, February 28th. Royal Bank of Canada raised shares of Anglo American from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Citigroup cut shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group raised Anglo American from a “hold” rating to a “buy” rating in a report on Friday, November 29th.

Anglo American Stock Performance

Shares of NGLOY opened at $14.87 on Tuesday. Anglo American has a one year low of $11.97 and a one year high of $17.60. The stock has a 50-day moving average price of $15.13 and a 200 day moving average price of $15.11. 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 firm also recently disclosed 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 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.