FY2025 EPS Forecast for AngloGold Ashanti Boosted by Analyst

AngloGold Ashanti plc (NYSE:AU) – Equities research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of AngloGold Ashanti in a report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will earn $3.09 per share for the year, up from their previous forecast of $2.45. Scotiabank currently has a “Sector Perform” rating and a $30.00 price target on the stock. The consensus estimate for AngloGold Ashanti’s current full-year earnings is $2.50 per share. Scotiabank also issued estimates for AngloGold Ashanti’s FY2026 earnings at $3.01 EPS.

A number of other brokerages have also issued reports on AU. JPMorgan Chase & Co. dropped their price objective on shares of AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, December 6th. StockNews.com downgraded shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Investec raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Finally, Royal Bank of Canada upgraded AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $31.75.

AngloGold Ashanti Price Performance

AngloGold Ashanti stock opened at $26.03 on Friday. The company has a market capitalization of $10.93 billion, a PE ratio of 8.13 and a beta of 0.94. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $24.85 and a two-hundred day moving average price of $27.14. AngloGold Ashanti has a 12 month low of $15.80 and a 12 month high of $32.57.

Institutional Trading of AngloGold Ashanti

A number of large investors have recently bought and sold shares of AU. SG Americas Securities LLC acquired a new stake in AngloGold Ashanti in the third quarter worth $126,000. JPMorgan Chase & Co. increased its position in AngloGold Ashanti by 378.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,782 shares of the mining company’s stock valued at $127,000 after buying an additional 3,782 shares in the last quarter. Blue Trust Inc. raised its stake in AngloGold Ashanti by 72.6% during the 3rd quarter. Blue Trust Inc. now owns 5,991 shares of the mining company’s stock worth $151,000 after buying an additional 2,520 shares during the period. Ritholtz Wealth Management bought a new position in AngloGold Ashanti in the third quarter worth approximately $222,000. Finally, International Assets Investment Management LLC acquired a new stake in AngloGold Ashanti in the third quarter valued at approximately $3,010,000. 36.09% of the stock is currently owned by institutional investors and hedge funds.

AngloGold Ashanti Company Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.