Anglo American (OTCMKTS:NGLOY – Get Free Report) saw an uptick in trading volume on Friday . 1,574,226 shares changed hands during mid-day trading, an increase of 159% from the previous session’s volume of 606,721 shares.The stock last traded at $25.61 and had previously closed at $27.26.
Analyst Ratings Changes
Several brokerages have recently weighed in on NGLOY. Oddo Bhf raised shares of Anglo American to an “outperform” rating in a report on Wednesday, April 15th. Barclays reiterated an “overweight” rating on shares of Anglo American in a research note on Wednesday, February 25th. DZ Bank upgraded shares of Anglo American from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Anglo American in a research note on Friday. Finally, JPMorgan Chase & Co. cut shares of Anglo American from a “neutral” rating to an “underweight” rating in a research note on Monday, March 9th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $20.00.
View Our Latest Stock Report on Anglo American
Anglo American Stock Down 5.6%
About Anglo American
Anglo American plc is a multinational mining company headquartered in London that explores for, mines, processes and markets a broad range of commodities. Its principal activities cover the extraction and processing of bulk and specialty metals and minerals, including copper, iron ore, platinum group metals (PGMs), diamonds, nickel and both metallurgical and thermal coal. Anglo American’s operations span the full value chain from greenfield exploration and mine development through to mineral processing, smelting, refining and the sale of mined products to industrial and consumer markets worldwide.
The company has a long history in the mining industry, having been established in the early 20th century and grown into one of the world’s major mining groups.
Featured Stories
- Five stocks we like better than Anglo American
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.
