Antofagasta plc (ANTO) Stock Rating Reaffirmed by Jefferies Group
Antofagasta plc (LON:ANTO)‘s stock had its “hold” rating reiterated by analysts at Jefferies Group in a research report issued on Thursday. They presently have a GBX 600 ($7.43) price target on the mining company’s stock. Jefferies Group’s price objective would indicate a potential downside of 15.23% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Antofagasta plc from GBX 380 ($4.71) to GBX 390 ($4.83) and gave the stock a “neutral” rating in a report on Wednesday, August 17th. Royal Bank Of Canada upped their price objective on shares of Antofagasta plc from GBX 410 ($5.08) to GBX 500 ($6.19) and gave the stock a “sector performer” rating in a report on Tuesday, August 9th. Credit Suisse Group AG reaffirmed an “underperform” rating and issued a GBX 400 ($4.95) price objective on shares of Antofagasta plc in a report on Thursday, August 11th. Deutsche Bank AG reduced their price objective on shares of Antofagasta plc from GBX 585 ($7.25) to GBX 575 ($7.12) and set a “hold” rating for the company in a report on Wednesday, August 17th. Finally, SP Angel reaffirmed a “hold” rating on shares of Antofagasta plc in a report on Tuesday, August 16th. Eleven research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company. Antofagasta plc presently has a consensus rating of “Hold” and a consensus price target of GBX 489.71 ($6.07).
Shares of Antofagasta plc (LON:ANTO) opened at 707.8363 on Thursday. Antofagasta plc has a one year low of GBX 340.60 and a one year high of GBX 789.00. The stock’s market capitalization is GBX 6.98 billion. The stock’s 50 day moving average is GBX 545.77 and its 200-day moving average is GBX 491.82.
Antofagasta plc Company Profile
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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