Deutsche Bank Increases Antofagasta (ANTO) Price Target to GBX 900
Antofagasta (LON:ANTO) had its price target increased by Deutsche Bank from GBX 800 ($10.85) to GBX 900 ($12.21) in a research note issued to investors on Monday morning. They currently have a sell rating on the mining company’s stock.
Several other equities analysts have also recently commented on the stock. Peel Hunt boosted their price target on shares of Antofagasta from GBX 1,010 ($13.70) to GBX 1,050 ($14.24) and gave the company a hold rating in a report on Wednesday, January 10th. Barclays boosted their price target on shares of Antofagasta from GBX 920 ($12.48) to GBX 995 ($13.49) and gave the company an equal weight rating in a report on Monday, January 8th. Jefferies Group restated a buy rating on shares of Antofagasta in a report on Monday, December 18th. Liberum Capital boosted their price target on shares of Antofagasta from GBX 420 ($5.70) to GBX 535 ($7.26) and gave the company a sell rating in a report on Monday, November 27th. Finally, Credit Suisse Group boosted their price target on shares of Antofagasta from GBX 690 ($9.36) to GBX 780 ($10.58) and gave the company an underperform rating in a report on Wednesday, November 15th. Nine equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Antofagasta presently has an average rating of Hold and an average price target of GBX 824.78 ($11.18).
Antofagasta (LON ANTO) traded down GBX 29 ($0.39) during trading on Monday, hitting GBX 1,009.50 ($13.69). 2,241,896 shares of the stock traded hands, compared to its average volume of 2,110,000. Antofagasta has a fifty-two week low of GBX 11.12 ($0.15) and a fifty-two week high of GBX 1,071 ($14.52). The stock has a market cap of $9,910.00 and a PE ratio of 4,206.25.
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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