Anglo American (OTCMKTS:NGLOY) Upgraded to Buy by UBS Group

Anglo American (OTCMKTS:NGLOY) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, Briefing.com reports.

Several other equities analysts also recently weighed in on NGLOY. BNP Paribas raised shares of Anglo American from a “neutral” rating to an “outperform” rating in a report on Friday, June 21st. Jefferies Financial Group cut shares of Anglo American from a “buy” rating to a “hold” rating in a research report on Wednesday, May 29th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $2,733.33.

Anglo American Stock Performance

Shares of OTCMKTS NGLOY opened at $14.52 on Friday. The firm’s 50-day moving average price is $15.54 and its 200-day moving average price is $13.75. The company has a quick ratio of 1.17, a current ratio of 1.85 and a debt-to-equity ratio of 0.48. Anglo American has a 52-week low of $10.37 and a 52-week high of $17.60.

About Anglo American

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.