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

Shares of Anglo American plc (OTCMKTS:NGLOY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

A number of equities research analysts have recently commented on the stock. BNP Paribas raised shares of Anglo American from a "neutral" rating to an "outperform" rating in a report on Friday, June 21st. UBS Group upgraded Anglo American from a "neutral" rating to a "buy" rating in a research report on Friday, July 26th.

Anglo American Stock Performance

Shares of NGLOY traded up $0.06 during midday trading on Tuesday, reaching $16.27. 70,465 shares of the stock were exchanged, compared to its average volume of 396,185. The company has a quick ratio of 1.17, a current ratio of 1.85 and a debt-to-equity ratio of 0.48. Anglo American has a twelve month low of $10.37 and a twelve month high of $17.60. The business's 50-day moving average price is $14.44 and its 200 day moving average price is $14.79.

Anglo American Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, October 4th. Investors of record on Friday, August 16th will be issued a $0.194 dividend. The ex-dividend date is Friday, August 16th. This is a boost 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.