Antofagasta plc (ANTO) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Antofagasta plc (LON:ANTO)‘s stock had its “neutral” rating reiterated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. They presently have a GBX 390 ($4.84) price target on the mining company’s stock. JPMorgan Chase & Co.’s price objective indicates a potential downside of 43.40% from the company’s current price.
A number of other equities analysts also recently commented on ANTO. Morgan Stanley lifted their price target on Antofagasta plc from GBX 390 ($4.84) to GBX 400 ($4.96) and gave the stock an “underweight” rating in a research note on Monday, August 1st. Credit Suisse Group AG reiterated an “underperform” rating on shares of Antofagasta plc in a research note on Wednesday, August 3rd. Canaccord Genuity lifted their price target on Antofagasta plc from GBX 475 ($5.89) to GBX 505 ($6.26) and gave the stock a “hold” rating in a research note on Thursday, August 4th. Peel Hunt decreased their price target on Antofagasta plc from GBX 515 ($6.39) to GBX 485 ($6.02) and set a “hold” rating for the company in a research note on Monday, August 8th. Finally, Royal Bank Of Canada lifted their price target on Antofagasta plc from GBX 410 ($5.09) to GBX 500 ($6.20) and gave the stock a “sector performer” rating in a research note on Tuesday, August 9th. Nine research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 529.95 ($6.57).
Antofagasta plc (LON:ANTO) opened at 689.00 on Tuesday. Antofagasta plc has a 52-week low of GBX 340.60 and a 52-week high of GBX 789.00. The firm’s 50-day moving average price is GBX 598.97 and its 200 day moving average price is GBX 511.05. The firm’s market cap is GBX 6.79 billion.
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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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