AngloGold Ashanti Limited with ticker code (AU) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 28 and 20 and has a mean target at 22.61. Given that the stocks previous close was at 25.69 this indicates there is a potential downside of -12.0%. There is a 50 day moving average of 21.1 and the 200 moving average now moves to 19.35. The company has a market cap of $10,659m. Company Website: https://www.anglogoldashanti.com
The potential market cap would be $9,381m based on the market concensus.
AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also explores for silver and sulfur. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
