Anglo American (OTCMKTS:NGLOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Wednesday.
According to Zacks, “Anglo American PLC is a mining company. Its portfolio includes iron ore, manganese, metallurgical coal, copper, nickel, platinum and diamonds. The company operates primarily in Africa, Europe, North and South America, Asia and Australia. Anglo American PLC is headquartered in London, the United Kingdom. “
A number of other research analysts also recently commented on NGLOY. Deutsche Bank downgraded Anglo American from a “hold” rating to a “sell” rating in a research report on Monday, September 25th. upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. ValuEngine upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Finally, Jefferies Group upgraded Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $10.00.
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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