Antofagasta plc’s (ANTO) “Neutral” Rating Reaffirmed at BNP Paribas
BNP Paribas reissued their neutral rating on shares of Antofagasta plc (LON:ANTO) in a report published on Thursday morning. The brokerage currently has a GBX 545 ($7.11) target price on the mining company’s stock.
ANTO has been the subject of a number of other research reports. Barclays PLC increased their target price on Antofagasta plc from GBX 410 ($5.35) to GBX 460 ($6.00) and gave the stock an equal weight rating in a report on Wednesday, September 21st. Macquarie reiterated an underperform rating and set a GBX 400 ($5.22) target price on shares of Antofagasta plc in a report on Monday, August 22nd. Liberum Capital restated a sell rating and issued a GBX 510 ($6.66) price objective on shares of Antofagasta plc in a report on Thursday, August 25th. SP Angel restated a hold rating on shares of Antofagasta plc in a report on Tuesday, August 16th. Finally, Goldman Sachs Group Inc. raised their price objective on Antofagasta plc from GBX 250 ($3.26) to GBX 280 ($3.65) and gave the company a sell rating in a report on Tuesday, June 28th. Ten research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company’s stock. Antofagasta plc currently has an average rating of Hold and an average price target of GBX 482.81 ($6.30).
Antofagasta plc (LON:ANTO) traded up 2.52% during trading on Thursday, reaching GBX 550.00. The company’s stock had a trading volume of 4,874,927 shares. Antofagasta plc has a 52-week low of GBX 340.60 and a 52-week high of GBX 610.50. The firm’s 50-day moving average is GBX 516.94 and its 200-day moving average is GBX 475.55. The stock’s market cap is GBX 5.42 billion.
About Antofagasta plc
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
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