tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BlackRock Lifts Stake in AngloGold Ashanti to Just Over 10%

Story Highlights
BlackRock Lifts Stake in AngloGold Ashanti to Just Over 10%

Claim 50% Off TipRanks Premium

An update from Anglogold Ashanti PLC ( (AU) ) is now available.

On 20 January 2026, AngloGold Ashanti plc disclosed that asset manager BlackRock, Inc. had acquired additional shares in the company, bringing its beneficial interest to 10.104% of AngloGold Ashanti’s issued share capital. The increased stake by one of the world’s largest institutional investors underscores significant institutional backing for the gold miner and may be seen as a signal of confidence in AngloGold Ashanti’s strategic direction and position within the global gold mining industry.

The most recent analyst rating on (AU) stock is a Buy with a $113.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.

Spark’s Take on AU Stock

According to Spark, TipRanks’ AI Analyst, AU is a Outperform.

Anglogold Ashanti PLC’s strong financial performance is the most significant factor driving the stock’s score, supported by robust growth and profitability. The technical analysis indicates bullish momentum, though caution is advised due to potential overbought conditions. Valuation concerns with a high P/E ratio slightly dampen the overall score.

To see Spark’s full report on AU stock, click here.

More about Anglogold Ashanti PLC

AngloGold Ashanti plc is a multinational gold mining company listed in London, New York and Johannesburg, focused on the exploration, development and operation of gold mines across multiple jurisdictions, giving global investors exposure to the precious metals sector.

Average Trading Volume: 2,700,652

Technical Sentiment Signal: Buy

Current Market Cap: $53.94B

For detailed information about AU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1