Shares of AngloGold Ashanti Limited (NYSE:AU) have been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.43.

A number of research firms recently commented on AU. BidaskClub lowered shares of AngloGold Ashanti Limited from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded shares of AngloGold Ashanti Limited from a “sell” rating to a “hold” rating in a research note on Friday, September 15th. Finally, ValuEngine lowered shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th.

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. grew its position in AngloGold Ashanti Limited by 3.0% in the second quarter. BlackRock Inc. now owns 28,450,519 shares of the mining company’s stock worth $276,540,000 after buying an additional 819,709 shares during the last quarter. Dimensional Fund Advisors LP grew its position in AngloGold Ashanti Limited by 5.7% in the second quarter. Dimensional Fund Advisors LP now owns 12,411,363 shares of the mining company’s stock worth $120,644,000 after buying an additional 668,689 shares during the last quarter. FMR LLC grew its position in AngloGold Ashanti Limited by 1.3% in the second quarter. FMR LLC now owns 3,838,325 shares of the mining company’s stock worth $37,309,000 after buying an additional 48,640 shares during the last quarter. Mackenzie Financial Corp grew its position in AngloGold Ashanti Limited by 13.7% in the first quarter. Mackenzie Financial Corp now owns 3,193,400 shares of the mining company’s stock worth $34,393,000 after buying an additional 384,000 shares during the last quarter. Finally, Capital International Investors grew its position in AngloGold Ashanti Limited by 57.9% in the second quarter. Capital International Investors now owns 1,506,280 shares of the mining company’s stock worth $14,641,000 after buying an additional 552,200 shares during the last quarter. Hedge funds and other institutional investors own 32.76% of the company’s stock.

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Shares of AngloGold Ashanti Limited (NYSE AU) traded up 0.74% during midday trading on Wednesday, hitting $9.54. The stock had a trading volume of 1,817,192 shares. The firm has a 50 day moving average of $9.66 and a 200-day moving average of $10.55. The company’s market cap is $3.91 billion. AngloGold Ashanti Limited has a one year low of $8.89 and a one year high of $14.77.

AngloGold Ashanti Limited Company Profile

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company’s business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products.

Analyst Recommendations for AngloGold Ashanti Limited (NYSE:AU)

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