Antofagasta plc’s (ANTO) “Buy” Rating Reaffirmed at Citigroup Inc.
Citigroup Inc. reissued their buy rating on shares of Antofagasta plc (LON:ANTO) in a research note released on Thursday. Citigroup Inc. currently has a GBX 1,100 ($14.28) price target on the mining company’s stock.
Several other equities research analysts have also recently commented on ANTO. Berenberg Bank reiterated a sell rating and issued a GBX 650 ($8.44) price target on shares of Antofagasta plc in a research report on Monday, August 14th. HSBC Holdings plc boosted their price target on shares of Antofagasta plc from GBX 720 ($9.35) to GBX 730 ($9.48) and gave the stock a reduce rating in a research report on Wednesday. Liberum Capital boosted their price target on shares of Antofagasta plc from GBX 400 ($5.19) to GBX 420 ($5.45) and gave the stock a sell rating in a research report on Tuesday. J P Morgan Chase & Co dropped their price target on shares of Antofagasta plc from GBX 740 ($9.61) to GBX 670 ($8.70) and set an underweight rating on the stock in a research report on Wednesday. Finally, Deutsche Bank AG boosted their price target on shares of Antofagasta plc from GBX 700 ($9.09) to GBX 800 ($10.39) and gave the stock a sell rating in a research report on Wednesday. Nine research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 744.72 ($9.67).
Antofagasta plc (LON ANTO) traded up 0.79% during mid-day trading on Thursday, reaching GBX 1022.00. 2,743,304 shares of the company traded hands. Antofagasta plc has a 52 week low of GBX 473.00 and a 52 week high of GBX 1,042.00. The firm’s market capitalization is GBX 10.08 billion. The stock’s 50 day moving average price is GBX 913.86 and its 200 day moving average price is GBX 839.65.
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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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