Brokerages Set Anglo American (OTCMKTS:NGLOY) Target Price at $20.00

Shares of Anglo American (OTCMKTS:NGLOY) have been given a consensus rating of “Moderate Buy” by the eight research firms that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $20.00.

Several equities analysts have commented on the stock. Citigroup reissued a “neutral” rating on shares of Anglo American in a research report on Friday, September 26th. Berenberg Bank set a $20.00 target price on Anglo American in a report on Wednesday, October 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Anglo American in a report on Monday, August 4th. Finally, DZ Bank lowered Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th.

Anglo American Trading Down 0.6%

OTCMKTS NGLOY opened at $17.85 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.11 and a quick ratio of 1.65. The firm has a 50 day simple moving average of $18.62 and a 200-day simple moving average of $16.06. Anglo American has a one year low of $12.70 and a one year high of $20.46.

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.