In a report issued on January 18, Tanya Jakusconek from Scotiabank reiterated a Hold rating on Anglogold Ashanti Ltd (AU), with a price target of $14. The company’s shares closed on Friday at $12.07.
According to TipRanks.com, Jakusconek is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -8.4% and a 32.2% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Franco Nev Corp, Agnico Eagle, and Buenaventura.
The word on The Street in general, suggests a Hold analyst consensus rating for Anglogold Ashanti Ltd with a $13 average price target.
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The company has a one-year high of $13.27 and a one-year low of $7.08. Currently, Anglogold Ashanti Ltd has an average volume of 3.26M.
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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.