Anglo American (OTCMKTS:NGLOY) Raised to “Buy” at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Anglo American (OTCMKTS:NGLOY) from a hold rating to a buy rating in a research note issued to investors on Friday morning, MarketBeat.com reports.

Other equities research analysts have also issued research reports about the stock. Citigroup raised shares of Anglo American to a “strong-buy” rating in a report on Wednesday, October 9th. Berenberg Bank cut shares of Anglo American from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Anglo American Stock Performance

OTCMKTS NGLOY opened at $16.06 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.98 and a quick ratio of 1.33. The stock’s fifty day moving average is $15.34 and its two-hundred day moving average is $15.12. Anglo American has a fifty-two week low of $10.37 and a fifty-two week high of $17.60.

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.