Anglo American (OTCMKTS:NGLOY) Stock Rating Upgraded by Royal Bank of Canada

Anglo American (OTCMKTS:NGLOY) was upgraded by research analysts at Royal Bank of Canada from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities analysts have also commented on the stock. Sanford C. Bernstein lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Jefferies Financial Group upgraded Anglo American from a “hold” rating to a “buy” rating in a report on Friday, November 29th. Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Finally, Clarkson Capital upgraded Anglo American to a “strong-buy” rating in a research note on Friday, February 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Anglo American Stock Up 0.3 %

Anglo American stock opened at $15.38 on Tuesday. The stock has a fifty day moving average price of $15.12 and a 200 day moving average price of $15.09. The company has a current ratio of 1.98, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. Anglo American has a 52 week low of $11.67 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.