AngloGold Ashanti Limited – Consensus Indicates Potential 5.7% Upside

Broker Ratings
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AngloGold Ashanti Limited with ticker code (AU) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 23 and 16 and has a mean target at 19.35. Now with the previous closing price of 18.3 this would imply there is a potential upside of 5.7%. There is a 50 day moving average of 14.47 while the 200 day moving average is 17.44. The company has a market cap of $7,928m. You can visit the company’s website by visiting: https://www.anglogoldashanti.com

The potential market cap would be $8,383m 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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