In a report released on December 4, Josh Wolfson from RBC Capital maintained a Hold rating on Anglogold Ashanti PLC (AU – Research Report), with a price target of $17.00. The company’s shares closed yesterday at $18.77.
According to TipRanks, Wolfson is a 4-star analyst with an average return of 2.5% and a 57.06% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Franco-Nevada, Royal Gold, and Wheaton Precious Metals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglogold Ashanti PLC with a $19.50 average price target.
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The company has a one-year high of $20.19 and a one-year low of $14.91. Currently, Anglogold Ashanti PLC has an average volume of 2.8M.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is neutral on the stock.
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Anglogold Ashanti PLC (AU) Company Description:
Anglogold Ashanti Ltd is one of the largest gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.
Read More on AU:
- AngloGold Ashanti upgraded to Hold from Reduce at HSBC
- AngloGold Ashanti downgraded to Equal Weight from Overweight at Morgan Stanley
- AngloGold Ashanti reinstated with Overweight, $24 target at JPMorgan
- AngloGold Ashanti reinstated with an Overweight at JPMorgan
- AngloGold Ashanti determines tax payments of $286M due to restructuring
