Anglo American plc Receives Average Recommendation of 'Moderate Buy' from Analysts

Anglo American plc (OTCMKTS:NGLOY - Get Free Report) has been given an average recommendation of "Moderate Buy" by six ratings agencies following the company, according to reports from MarketBeat Ratings. Among these analysts, one has issued a sell rating, one has expressed a hold rating, while three analysts have assigned buy ratings and one has indicated a strong buy rating.

A few analysts have shared their insights on NGLOY shares recently. On October 25th, Berenberg Bank adjusted its rating for Anglo American from "hold" to "strong sell." Conversely, on October 9th, Citigroup elevated Anglo American's rating to "strong buy" in its analysis. Additionally, Jefferies Financial Group raised their recommendation from "hold" to "buy" on November 29th.

Anglo American Stock Performance

The shares of NGLOY opened at $15.52 on the most recent trading day. The company reports a 50-day simple moving average of $15.38 and a 200-day simple moving average of $15.07. Financial indicators show a quick ratio of 1.33, a current ratio of 1.98, and a debt-to-equity ratio of 0.56. Over the past year, Anglo American has seen stock prices ranging from a low of $10.69 to a high of $17.60.

About Anglo American

Anglo American plc functions as a mining enterprise both in the United Kingdom and globally. The company explores a variety of resources that include diamonds, copper, platinum group metals, nickel, steelmaking coal, and iron ore, among others. Founded in 1917, Anglo American is based in London, United Kingdom.

Investment Outlook

Before making any investment decision, it is essential to consider various insights. While Anglo American holds a "Moderate Buy" rating among stock analysts, they believe that there are currently five stocks which may represent better investment opportunities. Investors are encouraged to research thoroughly before committing funds.

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