J.P. Morgan Names AngloGold Ashanti (AU) Top EMEA Gold Pick, Raises December 2026 Price Target to $63

Anglogold Ashanti PLC (NYSE: AU) One of the best shares to be purchased in the Gold Rally. On July 15, JP Morgan has transformed its highest choice among gold mining workers in the European, Middle East and Africa (EMEA) region from Fresnillo Plc to Anglogold Ashanti. The company cited cost pressures and operational factors, despite the strong gold prices expectations.
The bank Anglogold ASHANTI put on the “positive catalyst watch” before the results of the half of 2025, on August 1. The expected gold production of Q2 has highlighted from 734,000 ounces, an increase of 2 % of the Q1, and the cost of comprehensive sustainability (AISC) of $ 1,743/ONS, which is 5 % higher than the upper limb. The free cash flow is expected to be $ 575 million, with a potential profit of $ 1.15 per share based on the payment policy by 50 %. JP Morgan raised Anglogold’s goal in December 2026 to $ 63 per share (for the shares listed on the New York Stock Exchange) from $ 58 and Zar 1,140 from Zar 1,096 (Johannesburg menu).
On the other hand, Fresseno faces the opposite winds in the first place of the Mexican bizo strengthening by about 11 % on an annual basis. The bank stated that this movement puts pressure on the costs of the company, as about 40 % of its expenses are denominated by Bizo. This has led to fears that Freissilo may need to raise cost guidelines, which may reduce investment in the upward trend.
Anglogold Ashanti PLC (NYSE: AU) is a global gold mining company. It explores, developing and producing gold through operations in Africa, Americans and Australia. The main assets of the company include the Geita mine in Tanzania, Opas Mine and Badberm in Ghana, the Tropicana mine and Shams Dam in Western Australia. Anglogold Ashanti also owns the arthur Gold project in Nevada, USA, and is one of the largest unveiled gold discoveries in the country. Its primary product is gold, repeated alloys from both open and written mining operations.
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Detection: Nothing. This article was originally published in A monkey from the inside.
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2025-08-02 11:43:00