Brokerage Firm Rating on AngloGold Ashanti Limited (AU)

AngloGold Ashanti Limited (AU) : Zacks Investment Research ranks AngloGold Ashanti Limited (AU) as 1, which is a Strong Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.75, which indicates as a Buy.

AngloGold Ashanti Limited (AU) : 3 Wall Street analysts covering AngloGold Ashanti Limited (AU) believe that the average level the stock could reach for the short term is $16.59. The maximum price target given is $24 and the minimum target for short term is around $11, hence the standard deviation is calculated at $7.05.


For the current week, the company shares have a recommendation consensus of Buy. AngloGold Ashanti Limited (NYSE:AU): The stock opened at $21.84 on Thursday but the bulls could not build on the opening and the stock topped out at $22.53 for the day. The stock traded down to $21.82 during the day, due to lack of any buying support eventually closed down at $22.03 with a loss of -0.72% for the day. The stock had closed at $22.19 on the previous day. The total traded volume was 2,066,732 shares.

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining and exploration company. The company works across the spectrum of the mining value chain. The Company also produces silver, uranium and sulfuric acid as by-products. It has approximately 20 operations located in 10 countries. The Company operates in four segments: South Africa, which includes operations and assets in West Wits, Vaal River and surface operations, which includes First Uranium SA which owns Mine Waste Solutions (MWS); Continental Africa, which includes operations in the DRC, Ghana, Guinea, Mali and Tanzania; Australasia, which comprises two operations in Australia, and Americas, which includes operations in Argentina, Brazil and the United States.

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