Freedom Broker Rates AngloGold Ashanti (AU) buy

On June 26, 2026, Freedom Broker reiterated its buy rating on AngloGold Ashanti plc (NYSE:AU) with a price target of $114. This reaffirmation comes from analyst Vitaly Kononov, who continues to see potential in the gold mining company's stock.

Other Institutional Activity in AngloGold Ashanti

Several institutional investors have made moves in AngloGold Ashanti. BlackRock, Inc. grew its holdings by 3.7 million shares, bringing its total to over 30.3 million shares valued at approximately $2.95 billion, marking a 14.1% increase. Van Eck Associates Corp reduced its position slightly by 51,881 shares to hold about 18.7 million shares worth $1.82 billion, a 0.3% decrease. FMR LLC increased its stake by 2.3 million shares, resulting in 18.5 million shares valued at roughly $1.81 billion, reflecting a 14.4% increase. Vanguard Capital Management LLC opened a new position with 16.5 million shares valued at about $1.65 billion. Meanwhile, Ninety One SA (Pty) Ltd decreased its holdings by 658,870 shares to 15.3 million shares valued at $1.47 billion, a 4.1% decrease.

AngloGold Ashanti plc Stock Down 10.7%

Shares of AngloGold Ashanti traded near $79.34 on Friday. The company has a market cap of approximately $40.1 billion and a P/E ratio of 11.65. Its forward P/E is 7.59, and the stock has a beta of 0.638, indicating lower volatility compared to the broader market. The 52-week range for the stock is between $43.44 and $129.14. AngloGold Ashanti's 50-day moving average is $93.84, while the 200-day moving average stands at $89.79. The company maintains a current ratio of 2.71 and a quick ratio of 2.05, with a debt-to-equity ratio of 22.03.

Recent Earnings

AngloGold Ashanti reported revenue of $11.17 billion, with a revenue growth rate of 64.9%. The company achieved a net margin of 31.1% and a return on equity of 42.97%. The next earnings report is scheduled for July 31, 2026.

Dividend

AngloGold Ashanti pays an annual dividend rate of $4.60, yielding 5.8%. The dividend payout ratio stands at 52.35%.

Insider Buying and Selling at AngloGold Ashanti plc

Recent insider transactions include Busia Kojo Osei Frimpong selling 400 shares on May 19, 2026, at an average price of $89.09. On May 11, 2026, several insiders, including Alan Murray Ferguson and Bruce Alan Cleaver, each acquired 1,580 shares at no cost.

Analysts Set New Price Targets

On June 26, 2026, Freedom Broker initiated coverage with a buy rating and a $114 price target. Roth Capital maintained its buy rating on June 24, 2026, with a target of $110, while Citigroup maintained its buy rating with a target of $130 on June 9, 2026. The consensus among analysts is a buy rating, with an average target price of $119 based on seven opinions.

About AngloGold Ashanti

AngloGold Ashanti plc is a global gold mining company headquartered in Greenwood Village, Colorado. The company operates mines in Africa, Australia, and the Americas, producing gold and by-products such as silver and sulphuric acid. Its flagship property is the Geita mine in Tanzania. AngloGold Ashanti employs around 38,000 people and is led by CEO Ms. Gillian Doran.

Bottom Line

AngloGold Ashanti continues to attract attention from analysts and institutional investors. The reiterated buy rating from Freedom Broker, along with a strong institutional interest, highlights the company's position in the gold industry. Investors should note that analyst ratings are forward-looking and based on current market conditions.