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

Shares of Anglo American plc (OTCMKTS:NGLOY) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

NGLOY has been the subject of a number of recent analyst reports. BNP Paribas raised Anglo American from a “neutral” rating to an “outperform” rating in a report on Friday, June 21st. UBS Group raised Anglo American from a “neutral” rating to a “buy” rating in a research note on Friday, July 26th. Finally, Jefferies Financial Group cut shares of Anglo American from a “buy” rating to a “hold” rating in a research note on Wednesday, May 29th.

Anglo American Stock Performance

OTCMKTS NGLOY opened at $13.61 on Friday. The company has a 50-day moving average price of $14.51 and a two-hundred day moving average price of $14.45. Anglo American has a 52 week low of $10.37 and a 52 week high of $17.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.17 and a current ratio of 1.85.

Anglo American Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 4th. Investors of record on Friday, August 16th will be paid a dividend of $0.194 per share. The ex-dividend date is Friday, August 16th. This is a positive change from Anglo American’s previous dividend of $0.18.

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.