Citigroup upgraded shares of Anglo American (OTCMKTS:NGLOY – Free Report) to a strong-buy rating in a report issued on Wednesday morning, Zacks.com reports.
A number of other brokerages have also recently commented on NGLOY. BNP Paribas raised Anglo American from a neutral rating to an outperform rating in a research report on Friday, June 21st. UBS Group raised Anglo American from a neutral rating to a buy rating in a report on Friday, July 26th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy.
Check Out Our Latest Stock Report on Anglo American
Anglo American Stock Performance
Anglo American Increases Dividend
The business also recently announced a dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, August 16th were given a dividend of $0.194 per share. The ex-dividend date of this dividend was Friday, August 16th. This is a positive change from Anglo American’s previous dividend of $0.18.
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.
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