A number of other equities analysts have also issued reports on the company. Zacks Investment Research raised AngloGold Ashanti from a hold rating to a buy rating and set a $20.00 price target for the company in a research note on Tuesday, July 9th. BMO Capital Markets raised AngloGold Ashanti from a market perform rating to an outperform rating and increased their price target for the company from $16.00 to $21.00 in a research note on Thursday, June 27th. Finally, Royal Bank of Canada raised AngloGold Ashanti from a sector perform rating to an outperform rating and set a $17.05 price target for the company in a research note on Wednesday, June 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $18.01.
Shares of NYSE AU opened at $19.36 on Thursday. The firm’s fifty day moving average price is $17.80. The company has a current ratio of 1.55, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 36.53, a P/E/G ratio of 0.53 and a beta of -0.79. AngloGold Ashanti has a 1 year low of $7.07 and a 1 year high of $19.63.
About AngloGold Ashanti
AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
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