Anglo American (NGLOY) Upgraded to “Buy” by Jefferies Group

Jefferies Group upgraded shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a buy rating in a report issued on Friday morning. Jefferies Group also issued estimates for Anglo American’s FY2017 earnings at $1.31 EPS.

A number of other equities analysts have also commented on the stock. Zacks Investment Research lowered shares of Anglo American from a strong-buy rating to a hold rating in a report on Wednesday, December 27th. Deutsche Bank raised shares of Anglo American from a sell rating to a hold rating in a report on Friday, December 1st. ValuEngine raised shares of Anglo American from a hold rating to a buy rating in a report on Wednesday, November 15th. Finally, raised shares of Anglo American from a hold rating to a buy rating in a report on Tuesday, October 3rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of $10.00.

Anglo American (OTCMKTS NGLOY) opened at $10.92 on Friday. The company has a market cap of $30,590.00, a price-to-earnings ratio of 7.48 and a beta of 0.93. Anglo American has a twelve month low of $5.95 and a twelve month high of $10.96. 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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