AngloGold Ashanti Limited (AU) Receives ‘Analyst’ Rating

AngloGold Ashanti Limited (AU) : Zacks Investment Research ranks AngloGold Ashanti Limited (AU) as 2, which is a Buy recommendation. 1 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 3 research analysts is 2, which indicates as a Buy.

AngloGold Ashanti Limited (AU) : The consensus price target for AngloGold Ashanti Limited (AU) is $16.19 for the short term with a standard deviation of $8.05. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $22, however, the pessimist price target for the company is $11.


AngloGold Ashanti Limited (NYSE:AU): The stock opened in the green at $15.57 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $15.83 and a low of $15.29 for the day. The stock did not find buyers even at the lows and closed at $15.53 recording a loss of -1.21%. 2,906,730 shares exchanged hands during the trading day. The stock had closed at $15.72 in the previous days trading.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.