JPMorgan Chase & Co. reissued their neutral rating on shares of Anglo American (OTCMKTS:NGLOY) in a research note published on Monday morning, The Fly reports.
Other equities analysts have also issued research reports about the company. Sanford C. Bernstein raised Anglo American from a market perform rating to an outperform rating in a research report on Friday, July 2nd. Morgan Stanley reissued an overweight rating on shares of Anglo American in a research report on Tuesday, June 22nd. Zacks Investment Research downgraded Anglo American from a buy rating to a hold rating in a report on Tuesday, July 20th. Royal Bank of Canada restated a sector perform rating on shares of Anglo American in a report on Tuesday, August 3rd. Finally, Barclays restated an overweight rating on shares of Anglo American in a report on Wednesday, August 4th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Buy and a consensus price target of $22.55.
Get Anglo American alerts:
Shares of Anglo American stock opened at $21.43 on Monday. The company has a current ratio of 1.93, a quick ratio of 1.27 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $53.58 billion, a P/E ratio of 17.14 and a beta of 1.05. The business has a fifty day simple moving average of $21.52 and a two-hundred day simple moving average of $21.46. Anglo American has a 12 month low of $11.47 and a 12 month high of $24.75.
The firm also recently disclosed a dividend, which will be paid on Friday, October 1st. Investors of record on Friday, August 20th will be issued a $0.50 dividend. The ex-dividend date is Thursday, August 19th. This represents a yield of 2.11%. Anglo American’s payout ratio is 134.40%.
About Anglo American
Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: De Beers, Copper, Platinum Group Metals, Iron Ore, Coal, Nickel and Manganese, and Corporate and Other. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.
See Also: Why do earnings reports matter?