Anglo American plc (OTCMKTS:NGLOY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Anglo American plc (OTCMKTS:NGLOY) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities analysts have weighed in on the company. Sanford C. Bernstein downgraded Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Citigroup lowered Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. 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. Finally, Clarkson Capital raised shares of Anglo American to a “strong-buy” rating in a research report on Friday, February 28th.

Anglo American Trading Down 3.7 %

Shares of NGLOY opened at $13.98 on Tuesday. Anglo American has a one year low of $12.51 and a one year high of $17.60. The firm has a 50-day moving average of $15.08 and a 200-day moving average of $15.17. 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 disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Friday, March 14th will be issued a $0.11 dividend. 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.