AngloGold Ashanti Limited – Consensus Indicates Potential 64.0% Upside

Broker Ratings

AngloGold Ashanti Limited with ticker code (AU) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 27 and 23 calculating the mean target price we have 24.79. Now with the previous closing price of 15.12 this now indicates there is a potential upside of 64.0%. The 50 day MA is 18.52 and the 200 day moving average is 19.76. The company has a market cap of $6,611m. Company Website: https://www.anglogoldashanti.com

The potential market cap would be $10,839m based on the market concensus.

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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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