BMO Capital analyst Raj Ray maintained a Hold rating on Anglogold Ashanti (NYSE:AU) Ltd on Wednesday, setting a price target of $34, which is approximately 19.80% above the present share price of $28.38.
Ray expects Anglogold Ashanti Ltd to post earnings per share (EPS) of $0.00 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Anglogold Ashanti, with an average price target of $37.
The analysts price targets range from a high of $40 to a low of $34.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.06 billion and a net profit of $347 million. The company's market cap is $11.81 billion.
According to TipRanks.com, BMO Capital analyst Raj Ray is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.3% and a 71.43% success rate.
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.