Anglo American plc (OTCMKTS:NGLOY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Anglo American plc (OTCMKTS:NGLOY) have earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

NGLOY has been the topic of several research reports. UBS Group upgraded Anglo American from a “neutral” rating to a “buy” rating in a research report on Friday, July 26th. Jefferies Financial Group downgraded Anglo American from a “buy” rating to a “hold” rating in a research report on Wednesday, May 29th. Finally, BNP Paribas upgraded Anglo American from a “neutral” rating to an “outperform” rating in a research report on Friday, June 21st.

Anglo American Price Performance

Shares of NGLOY opened at $13.28 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.85 and a quick ratio of 1.17. Anglo American has a 12 month low of $10.37 and a 12 month high of $17.60. The stock’s 50 day moving average is $14.68 and its two-hundred day moving average is $14.44.

Anglo American Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, August 16th will be paid a dividend of $0.194 per share. This is a boost from Anglo American’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, August 16th.

Anglo American Company Profile

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.