Anglo American (NGLOY) Stock Rating Upgraded by Deutsche Bank

Anglo American (OTCMKTS:NGLOY) was upgraded by stock analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a research report issued on Friday.

A number of other research firms have also recently commented on NGLOY. ValuEngine upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Zacks Investment Research upgraded Anglo American from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Wednesday, September 13th. Finally, upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $10.00.

Anglo American (OTCMKTS NGLOY) opened at $9.36 on Friday. Anglo American has a 12-month low of $5.95 and a 12-month high of $10.07. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.42.

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Anglo American Company Profile

Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.

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