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AngloGold Ashanti Ltd. Message Board

  • Vaalie60 Vaalie60 May 18, 2009 9:38 AM Flag

    UBS Drops AngloGold

    0658 GMT [Dow Jones] UBS downgrades AngloGold Ashanti (AU) to neutral from buy, saying there is limited upside to a price target revised to ZAR350 from ZAR320. 1Q headline EPS of ZAR4.14 was below UBS's forecast for ZAR4.91. Says the Geita mine is a crucial asset in AngloGold's growth story, so is key. Shares ended at ZAR324. (RMS)

16.20-0.36(-2.17%)Sep 23 4:01 PMEDT