AngloGold Ashanti PLC's stock rose nearly 7%, reaching a 52-week high, as gold prices hit a fresh record high above $4,700 per troy ounce, reflecting strong market demand.
The surge in AngloGold Ashanti's stock is attributed to the overall gold mining rally, with gold prices increasing significantly, which has renewed investor confidence in the sector. This follows a broader trend where gold mining stocks have been performing well, driven by the rising gold prices that have gained nearly 80% since late January of the previous year.
This positive momentum in the gold mining sector suggests that investors are increasingly optimistic about the future of gold, which could lead to further gains for companies like AngloGold Ashanti as they capitalize on the favorable market conditions.
Wall Street analysts forecast AU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AU is 104.40 USD with a low forecast of 90.00 USD and a high forecast of 131.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast AU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AU is 104.40 USD with a low forecast of 90.00 USD and a high forecast of 131.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 108.090
Low
90.00
Averages
104.40
High
131.00
Current: 108.090
Low
90.00
Averages
104.40
High
131.00
Scotiabank
Outperform
upgrade
$92 -> $131
2026-01-26
New
Reason
Scotiabank
Price Target
$92 -> $131
AI Analysis
2026-01-26
New
upgrade
Outperform
Reason
Scotiabank raised the firm's price target on AngloGold Ashanti to $131 from $92 and keeps an Outperform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
Citi
Ephrem Ravi
Buy
maintain
$105 -> $120
2026-01-20
Reason
Citi
Ephrem Ravi
Price Target
$105 -> $120
2026-01-20
maintain
Buy
Reason
Citi analyst Ephrem Ravi raised the firm's price target on AngloGold Ashanti to $120 from $105 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for AU
Unlock Now
Roth Capital
Buy
maintain
$84 -> $92
2025-12-15
Reason
Roth Capital
Price Target
$84 -> $92
2025-12-15
maintain
Buy
Reason
Roth Capital raised the firm's price target on AngloGold Ashanti to $92 from $84 and keeps a Buy rating on the shares. The firm is updating its estimates to reflect revised forecasts for Q4 2025 and beyond, noting that while the future of gold and silver prices are uncertain due to the dynamics that drive cycle peaks, it is also prudent to revise its expectations to be more in line with the current market, the analyst tells investors in a research note. Roth adds that it is boosting its 2026 gold price forecast to $4,125 from $2,863 and its silver forecast to $56.25 from $32.50.
Citi
Buy
maintain
$90 -> $105
2025-12-10
Reason
Citi
Price Target
$90 -> $105
2025-12-10
maintain
Buy
Reason
Citi raised the firm's price target on AngloGold Ashanti to $105 from $90 and keeps a Buy rating on the shares.
About AU
AngloGold Ashanti plc is a global gold mining company with a diverse portfolio of operations, projects and exploration activities in 10 countries, across four continents. The Company’s diverse portfolio includes approximately 11 operations in Argentina, Australia, Brazil, the Democratic Republic of the Congo (DRC), Egypt, Ghana, Guinea and Tanzania. The Company’s portfolio includes Africa, the Americas, and Australia. Its Africa portfolio includes Kibali- managed by Barrick Gold Corporation, Egypt (Sukari), Ghana (Iduapriem and Obuasi), Guinea (Siguiri) and Tanzania (Geita). The Americas hosts three of its operations, one in Argentina and two in Brazil, as well as two greenfield projects in Colombia and a significant new greenfield development in Nevada in the United States. Australia hosts two of its operations, which include Sunrise Dam and Tropicana, both in the north-eastern goldfields in the state of Western Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.