UBS Group upgraded shares of Anglo American (OTCMKTS:NGLOY) from a sell rating to a neutral rating in a report issued on Wednesday, The Fly reports.
Other equities analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Anglo American from a strong-buy rating to a hold rating in a report on Wednesday. BNP Paribas downgraded shares of Anglo American from a neutral rating to an underperform rating in a report on Wednesday, December 18th. HSBC downgraded shares of Anglo American from a buy rating to a hold rating in a report on Wednesday, December 18th. ValuEngine raised shares of Anglo American from a strong sell rating to a sell rating in a report on Tuesday, January 28th. Finally, Goldman Sachs Group downgraded shares of Anglo American from a conviction-buy rating to a neutral rating in a report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $17.00.
OTCMKTS NGLOY opened at $13.61 on Wednesday. The company has a fifty day simple moving average of $13.99 and a 200 day simple moving average of $12.75. Anglo American has a 12-month low of $10.07 and a 12-month high of $14.81.
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.
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