AngloGold Ashanti shares rise 5.02% premarket as analysts raise price targets amid bullish 2026 gold forecast.

AngloGold Ashanti plc surged 5.02% in premarket trading following a series of analyst upgrades and a bullish outlook for gold prices in 2026. Roth MKM raised the stock’s price target to $92, citing stronger-than-expected gold forecasts, while multiple analysts highlighted its outperformance against the S&P 500 and a 37% discount to industry peers. The company’s recent 4.72% premarket gain aligns with broader gold price momentum, which rose 2.27%, reinforcing investor confidence in its earnings potential. Additionally, reports noted institutional ownership of 81% and a 4.0% weekly gain, further signaling institutional support. These factors collectively drove the premarket rally.