Antofagasta plc (LON:ANTO) Rating Reiterated by Barclays PLC
Barclays PLC reaffirmed their equal weight rating on shares of Antofagasta plc (LON:ANTO) in a report issued on Friday. The firm currently has a GBX 790 ($10.32) price objective on the mining company’s stock.
A number of other research analysts have also weighed in on the company. Deutsche Bank AG reaffirmed a sell rating and set a GBX 700 ($9.14) price objective on shares of Antofagasta plc in a research report on Thursday, July 13th. Berenberg Bank reaffirmed a sell rating and set a GBX 650 ($8.49) price objective on shares of Antofagasta plc in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) reaffirmed a sell rating and set a GBX 650 ($8.49) price objective on shares of Antofagasta plc in a research report on Wednesday, July 5th. Macquarie reaffirmed a neutral rating and set a GBX 850 ($11.10) price objective on shares of Antofagasta plc in a research report on Monday, June 19th. Finally, Credit Suisse Group raised their price objective on Antofagasta plc from GBX 550 ($7.18) to GBX 570 ($7.44) and gave the company an underperform rating in a research report on Wednesday, June 14th. Ten analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 704.79 ($9.20).
Shares of Antofagasta plc (LON:ANTO) traded up 0.74% during midday trading on Friday, reaching GBX 884.50. The company had a trading volume of 2,223,000 shares. Antofagasta plc has a one year low of GBX 470.40 and a one year high of GBX 905.41. The company’s market capitalization is GBX 8.72 billion. The company has a 50-day moving average price of GBX 796.44 and a 200 day moving average price of GBX 791.11.
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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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