Sanford C. Bernstein downgraded shares of Anglo American (OTCMKTS:NGLOY – Free Report) from a strong-buy rating to a hold rating in a research report released on Tuesday,Zacks.com reports.
Other analysts have also recently issued reports about the company. Jefferies Financial Group raised Anglo American from a “hold” rating to a “buy” rating in a report on Friday, November 29th. Royal Bank of Canada lowered shares of Anglo American from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Berenberg Bank downgraded Anglo American from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. Finally, Citigroup cut Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.
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Anglo American Stock Up 1.2 %
About Anglo American
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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