Brokerage Firm Rating Update on AngloGold Ashanti Limited (AU)

AngloGold Ashanti Limited (AU) has an average broker rating of 2, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

AngloGold Ashanti Limited (AU) : The highest level AngloGold Ashanti Limited (AU) is projected to reach is $22 for the short term and the lowest estimate is at $11. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $16.19 and the possibility the share price can swing is $8.05.


For the current week, the company shares have a recommendation consensus of Buy.

AngloGold Ashanti Limited (NYSE:AU): stock was range-bound between the intraday low of $17.06 and the intraday high of $17.86 after having opened at $17.73 on Wednesdays session. The stock finally closed in the red at $17.73, a loss of -0.96%. The stock remained in the red for the whole trading day. The total traded volume was 4,456,056 shares. The stock failed to cross $17.86 in Wednesdays trading. The stocks closing price on Thursday was $17.76.

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining and exploration company. The company works across the spectrum of the mining value chain. The Company also produces silver, uranium and sulfuric acid as by-products. It has approximately 20 operations located in 10 countries. The Company operates in four segments: South Africa, which includes operations and assets in West Wits, Vaal River and surface operations, which includes First Uranium SA which owns Mine Waste Solutions (MWS); Continental Africa, which includes operations in the DRC, Ghana, Guinea, Mali and Tanzania; Australasia, which comprises two operations in Australia, and Americas, which includes operations in Argentina, Brazil and the United States.

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