AngloGold Ashanti Limited – Consensus Indicates Potential 46.6% Upside

Broker Ratings

AngloGold Ashanti Limited found using ticker (AU) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 27 and 17.14 calculating the average target price we see 21.49. Now with the previous closing price of 14.66 this would indicate that there is a potential upside of 46.6%. The day 50 moving average is 17.22 while the 200 day moving average is 19.76. The company has a market capitalisation of $6,225m. Company Website: https://www.anglogoldashanti.com

The potential market cap would be $9,125m 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 sulphuric acid. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.

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