Anglo American (NGLOY) Stock Forecast & Price Target

$15.33

+0.81 (+5.58%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

Anglo American - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Anglo American in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 3 have given a hold rating, and 3 have given a buy rating for NGLOY.

Consensus Price Target

N/A

According to the 6 analysts' twelve-month price targets for Anglo American,

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A

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NGLOY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NGLOY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Anglo American Stock vs. The Competition

Type	Anglo American	Basic Materials Companies	S&P 500
Consensus Rating Score	2.50	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside		306.52% Upside	9.15% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
7/26/2024	UBS Group 4 of 5 stars		Upgrade	Neutral ➝ Buy
6/21/2024	BNP Paribas 3 of 5 stars	A. Spence Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform
5/29/2024	Jefferies Financial Group 2 of 5 stars		Downgrade	Buy ➝ Hold
1/12/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
12/11/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
11/22/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
Get the Latest News and Ratings for NGLOY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Anglo American and its competitors with MarketBeat's FREE daily newsletter.
9/14/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 2,650 ➝ GBX 2,900
9/12/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 3,000 ➝ GBX 2,900
7/31/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 2,600 ➝ GBX 2,400
7/11/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 2,430 ➝ GBX 2,320
6/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform
4/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 2,950 ➝ GBX 3,050
3/20/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
1/3/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
10/6/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:44 AM ET.

NGLOY Forecast - Frequently Asked Questions

What is Anglo American's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Anglo American is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00.
Should I buy or sell Anglo American stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anglo American in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NGLOY shares.
Has Anglo American been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, Anglo American's stock had 2 upgrades and 1 downgrade by analysts.
What analysts cover Anglo American?: Anglo American has been rated by research analysts at BNP Paribas, Jefferies Financial Group, and UBS Group in the past 90 days.
Do Wall Street analysts like Anglo American more than its competitors?: Analysts like Anglo American less than other "basic materials" companies. The consensus rating score for Anglo American is 2.50 while the average consensus rating score for "basic materials" companies is 2.64. Learn more on how NGLOY compares to other companies.