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RBC Capital Reaffirms Their Hold Rating on Anglogold Ashanti PLC (AU)
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RBC Capital Reaffirms Their Hold Rating on Anglogold Ashanti PLC (AU)

RBC Capital analyst Josh Wolfson maintained a Hold rating on Anglogold Ashanti PLC (AUResearch Report) on March 28 and set a price target of $17.00. The company’s shares closed last Thursday at $22.20.

Wolfson covers the Basic Materials sector, focusing on stocks such as Franco-Nevada, Royal Gold, and Osisko Gold Royalties. According to TipRanks, Wolfson has an average return of 3.4% and a 60.34% success rate on recommended stocks.

Anglogold Ashanti PLC has an analyst consensus of Hold, with a price target consensus of $19.50.

The company has a one-year high of $29.95 and a one-year low of $14.79. Currently, Anglogold Ashanti PLC has an average volume of 1.98M.

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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.

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