Anglo American plc (OTCMKTS:NGLOY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Anglo American plc (OTCMKTS:NGLOY) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have recently issued reports on the company. Royal Bank of Canada raised Anglo American from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Clarkson Capital raised Anglo American to a “strong-buy” rating in a report on Friday, February 28th. Citigroup lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Finally, Sanford C. Bernstein downgraded shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 28th.

Anglo American Stock Down 3.3 %

Anglo American stock opened at $14.52 on Tuesday. 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 firm has a 50 day moving average of $15.11 and a 200 day moving average of $15.15. Anglo American has a 12-month low of $12.51 and a 12-month high of $17.60.

Anglo American Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 14th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, March 14th.

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.