Antofagasta plc (ANTO) Receives “Sell” Rating from Goldman Sachs Group Inc.
Goldman Sachs Group Inc. reaffirmed their sell rating on shares of Antofagasta plc (LON:ANTO) in a report issued on Wednesday. The brokerage currently has a GBX 500 ($6.25) target price on the mining company’s stock.
Several other analysts have also recently commented on the stock. Barclays PLC raised their price target on shares of Antofagasta plc from GBX 410 ($5.12) to GBX 460 ($5.75) and gave the stock an equal weight rating in a report on Wednesday, September 21st. Peel Hunt decreased their price target on shares of Antofagasta plc from GBX 515 ($6.43) to GBX 485 ($6.06) and set a hold rating for the company in a report on Monday, August 8th. Canaccord Genuity raised their price target on shares of Antofagasta plc from GBX 475 ($5.93) to GBX 505 ($6.31) and gave the stock a hold rating in a report on Thursday, August 4th. SP Angel restated a hold rating on shares of Antofagasta plc in a report on Wednesday, July 27th. Finally, Deutsche Bank AG restated a hold rating on shares of Antofagasta plc in a report on Tuesday, August 9th. Eleven research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 508.59 ($6.35).
Shares of Antofagasta plc (LON:ANTO) traded up 2.31% during trading on Wednesday, reaching GBX 687.50. 2,694,925 shares of the company traded hands. The firm’s market capitalization is GBX 6777.76 billion. Antofagasta plc has a 12 month low of GBX 340.60 and a 12 month high of GBX 789.00. The firm has a 50-day moving average price of GBX 559.51 and a 200-day moving average price of GBX 496.39.
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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