What 4 Analyst Ratings Have To Say About Anglogold Ashanti

Across the recent three months, 4 analysts have shared their insights on Anglogold Ashanti AU, expressing a variety of opinions spanning from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 1 0 0
3M Ago 0 1 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Anglogold Ashanti, presenting an average target of $30.5, a high estimate of $33.00, and a low estimate of $26.00. This upward trend is apparent, with the current average reflecting a 11.93% increase from the previous average price target of $27.25.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive Anglogold Ashanti. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Patrick Jones JP Morgan Lowers Overweight $32.00 $33.00
Patrick Jones JP Morgan Raises Overweight $33.00 $31.00
Tanya Jakusconek Scotiabank Raises Sector Perform $26.00 $22.00
Patrick Jones JP Morgan Raises Overweight $31.00 $23.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Anglogold Ashanti. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Anglogold Ashanti compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Anglogold Ashanti's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Anglogold Ashanti's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Anglogold Ashanti analyst ratings.

Delving into Anglogold Ashanti's Background

Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.

Financial Insights: Anglogold Ashanti

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Positive Revenue Trend: Examining Anglogold Ashanti's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.99% as of 30 June, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.

Net Margin: Anglogold Ashanti's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -9.07%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -2.58%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Anglogold Ashanti's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.32%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.52, caution is advised due to increased financial risk.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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