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Anglogold Ashanti (AU) Receives a Hold from RBC Capital

RBC Capital analyst Josh Wolfson maintained a Hold rating on Anglogold Ashanti (AUResearch Report) on December 5 and set a price target of $23.00. The company’s shares closed yesterday at $18.71.

Wolfson covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Barrick Gold, and Wheaton Precious Metals. According to TipRanks, Wolfson has an average return of 0.0% and a 53.21% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglogold Ashanti with a $21.00 average price target.

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The company has a one-year high of $26.31 and a one-year low of $11.94. Currently, Anglogold Ashanti has an average volume of 3.18M.

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AngloGold Ashanti Ltd. is a mining and exploration company. It explores, mines, and produces gold. The company was founded in 1944 and is headquartered in Johannesburg, South Africa.

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