AngloGold Ashanti Limited (ADR) (NYSE:AU) plunged -5.02% during previous trade, a total of 3.56M shares exchanged hands compared with its average trading volume of 3.17M shares whereas its relative volume is 0.90. The stock has a market capitalization of $6.75B along with 407.81M outstanding shares. Stock’s intraday price range hit the peak level of $17.41 and touched the lowest level of $16.50.
Most recently AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price target was revised on 08/15/16 and according to 4 analysts stock’s price will reach at $23.38 during 52 weeks with standard deviation of 9.27. Stock’s minimum price target estimates has been figured out at $22.58 while the maximum price target forecast is established at $24.00, if we look at the price target with an optimistic approach it has upside potential of 78% from its latest closing price of $16.64.
Historically, if we look at price target revisions, three weeks ago AngloGold Ashanti Limited (ADR) (NYSE:AU)’s price target was revised on 07/08/16 by the analysts, however the bullish price estimates of the stock set at $24.31 while the bearish estimates kept at $10.50 over the next one year. Stock’s 52-week target was retained at $16.59, the estimates indicates a standard deviation of 7.05.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 3 brokerage recommendations 1 rate AngloGold Ashanti Limited (ADR) (NYSE:AU) stock a Strong Buy, 1 rate the stocks of the company a Buy, 1 rate Hold, 1 rate Sell and 1 recommend a Strong Sell. Most recently on 5/10/2016 the stock of AngloGold Ashanti Limited (ADR) (NYSE:AU) downgraded by Citigroup from Neutral to Sell. However previously on 4/11/2016 it was upgraded by RBC Capital Mkts from Sector Perform to Outperform. A research note issued on 3/8/2016 the stock was downgraded by RBC Capital Mkts from Outperform to Sector Perform.
AngloGold Ashanti Limited (ADR) (NYSE:AU) performance over the past one year advanced 104.93%, during the last six months the stock rose 30.41%. Quarterly performance of the company shows optimistic momentum of 21.19% while its last one month trend is negative with -25.58%. Stock’s weekly performance expressed down trend of -8.57%.
The company’s price sits -16.15% below from its 50-day moving average of $20.49 and 22.88% far from the stock’s 200-day moving average which is $16.24. AngloGold Ashanti Limited (ADR) (NYSE:AU)’s shares are currently trading -27.37% away from the 52-week high price of $22.91 and +168.39% far from the 52-week low price of $6.20.
For the current year the company’s revenue estimates are $4.01B compared to low analyst estimates of $4.06B and high estimates of $4.17B according to the projection of 3 analysts.