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Anglogold Ashanti (AU) Receives a Hold from RBC Capital

In a report issued on July 25, Josh Wolfson from RBC Capital maintained a Hold rating on Anglogold Ashanti (AUResearch Report), with a price target of $23.00. The company’s shares closed last Wednesday at $14.52, close to its 52-week low of $13.47.

According to TipRanks.com, Wolfson is a 1-star analyst with an average return of -3.7% and a 41.3% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Newmont Mining.

Anglogold Ashanti has an analyst consensus of Moderate Buy, with a price target consensus of $20.93.

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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.

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