RBC Capital analyst Josh Wolfson maintained a Hold rating on Anglogold Ashanti PLC (AU – Research Report) on May 13 and set a price target of $17.00. The company’s shares closed yesterday at $24.34.
According to TipRanks, Wolfson is a 4-star analyst with an average return of 4.4% and a 61.79% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Gold Fields, Royal Gold, and Anglogold Ashanti PLC.
Anglogold Ashanti PLC has an analyst consensus of Moderate Buy, with a price target consensus of $24.00.
AU market cap is currently $10.19B and has a P/E ratio of -32.46.
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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.
