Anglo American (OTCMKTS:NGLOY) Downgraded by Sanford C. Bernstein to Hold

Sanford C. Bernstein lowered shares of Anglo American (OTCMKTS:NGLOYFree Report) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Several other analysts have also recently commented on the stock. Royal Bank of Canada cut shares of Anglo American from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Jefferies Financial Group upgraded Anglo American from a “hold” rating to a “buy” rating in a report on Friday, November 29th. Berenberg Bank cut Anglo American from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Finally, Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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Anglo American Trading Down 0.8 %

Anglo American stock opened at $14.65 on Tuesday. Anglo American has a one year low of $10.69 and a one year high of $17.60. The business has a fifty day moving average of $15.24 and a two-hundred day moving average of $14.97. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33.

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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Analyst Recommendations for Anglo American (OTCMKTS:NGLOY)

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