Fundamental Research analyst Siddharth Rajeev maintained a Buy rating on Anglogold Ashanti (NYSE:AU) Ltd on Thursday, setting a price target of $48.88, which is approximately 67.34% above the present share price of $29.21.
Rajeev expects Anglogold Ashanti Ltd to post earnings per share (EPS) of $0.00 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Anglogold Ashanti, with an average price target of $40.96.
The analysts price targets range from a high of $48.88 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 $12.15 billion.
According to TipRanks.com, Fundamental Research analyst Siddharth Rajeev is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.3% and a 33.66% 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.