Deutsche Bank Downgrades AngloGold Ashanti Limited to Hold (AU)
AngloGold Ashanti Limited (NYSE:AU) was downgraded by Deutsche Bank from a “buy” rating to a “hold” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.
AngloGold Ashanti Limited (NYSE:AU) opened at 17.97 on Thursday. AngloGold Ashanti Limited has a one year low of $11.14 and a one year high of $26.02. The stock has a 50-day moving average of $14.39 and a 200-day moving average of $13.75. The company’s market cap is $7.010 billion.
AU has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets upgraded shares of AngloGold Ashanti Limited from an “underperform” rating to a “market perform” rating in a research note on Tuesday, February 11th. Separately, analysts at JPMorgan Chase & Co. upgraded shares of AngloGold Ashanti Limited from a “neutral” rating to an “overweight” rating in a research note on Thursday, January 30th. Finally, analysts at Goldman Sachs upgraded shares of AngloGold Ashanti Limited from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $14.18.
AngloGold Ashanti Limited (NYSE:AU) is a gold mining company with a portfolio of assets and differing orebody types in key gold producing regions.
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