In a report released on April 29, Josh Wolfson from RBC Capital maintained a Hold rating on Anglogold Ashanti PLC (AU – Research Report), with a price target of $17.00. The company’s shares closed yesterday at $22.99.
According to TipRanks, Wolfson is a 4-star analyst with an average return of 4.8% and a 62.33% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Gold Fields, Royal Gold, and Osisko Gold Royalties.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglogold Ashanti PLC with a $23.33 average price target.
The company has a one-year high of $29.95 and a one-year low of $14.79. Currently, Anglogold Ashanti PLC has an average volume of 2.35M.
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Anglogold Ashanti PLC (AU) Company Description:
Anglogold Ashanti Ltd is one of the largest gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.
