AngloGold Ashanti Share Price Undervalued by 37%: Analyst Estimate

AngloGold Ashanti's fair value estimate is US$146, and its US$92.25 share price signals that it might be 37% undervalued. The US$98.00 analyst price target for AU is 33% less than our estimate of fair value. The 2-stage growth model takes into account two stages of company growth and estimates cash flows to the business over the next ten years.