Anglo American (OTCMKTS:NGLOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Wednesday, January 10th.
According to Zacks, “Anglo American PLC is a mining company. Its portfolio includes iron ore, manganese, metallurgical coal, copper, nickel, platinum and diamonds. The company operates primarily in Africa, Europe, North and South America, Asia and Australia. Anglo American PLC is headquartered in London, the United Kingdom. “
A number of other equities research analysts also recently weighed in on NGLOY. Jefferies Group raised Anglo American from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Deutsche Bank raised Anglo American from a “sell” rating to a “hold” rating in a report on Friday, December 1st. ValuEngine raised Anglo American from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Finally, upgraded Anglo American from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $10.00.
TRADEMARK VIOLATION WARNING: This piece was published by BBNS and is the sole property of of BBNS. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://baseballnewssource.com/markets/anglo-american-ngloy-cut-to-sell-at-zacks-investment-research/1821855.html.
About Anglo American
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.