Berenberg Bank Lowers Anglo American (OTCMKTS:NGLOY) to Strong Sell

by · The Markets Daily

Berenberg Bank downgraded shares of Anglo American (OTCMKTS:NGLOY – Free Report) from a hold rating to a strong sell rating in a report released on Friday morning, Zacks.com reports.

Other equities research analysts also recently issued reports about the company. UBS Group raised Anglo American from a “neutral” rating to a “buy” rating in a research note on Friday, July 26th. Citigroup raised shares of Anglo American to a “strong-buy” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Anglo American has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on NGLOY

Anglo American Trading Up 1.6 %

NGLOY opened at $16.03 on Friday. The stock has a fifty day moving average of $14.88 and a 200-day moving average of $15.18. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.98. Anglo American has a 12-month low of $10.37 and a 12-month high of $17.60.

Anglo American Company Profile

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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.

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