Jefferies Financial Group Upgrades Anglo American (OTCMKTS:NGLOY) to Buy

Anglo American (OTCMKTS:NGLOY) was upgraded by equities researchers at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research note issued to investors on Friday,Briefing.com Automated Import reports.

A number of other equities analysts also recently commented on NGLOY. Citigroup upgraded Anglo American to a “strong-buy” rating in a research note on Wednesday, October 9th. Berenberg Bank downgraded Anglo American from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Anglo American has a consensus rating of “Moderate Buy”.

Anglo American Stock Up 2.8 %

Shares of NGLOY stock opened at $15.17 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98. The business has a 50 day moving average of $15.30 and a two-hundred day moving average of $15.14. Anglo American has a 52 week low of $10.37 and a 52 week high of $17.60.

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.