Antofagasta plc (ANTO) Receives GBX 814.47 Average Price Target from Brokerages
Antofagasta plc (LON:ANTO) has earned an average rating of “Hold” from the eighteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Nine analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 814.47 ($11.05).
Several analysts recently issued reports on the stock. Deutsche Bank boosted their target price on shares of Antofagasta from GBX 800 ($10.85) to GBX 900 ($12.21) and gave the company a “sell” rating in a research report on Monday. Peel Hunt upped their price target on shares of Antofagasta from GBX 1,010 ($13.70) to GBX 1,050 ($14.24) and gave the stock a “hold” rating in a research report on Wednesday, January 10th. Barclays upped their price target on shares of Antofagasta from GBX 920 ($12.48) to GBX 995 ($13.49) and gave the stock an “equal weight” rating in a research report on Monday, January 8th. Jefferies Group reiterated a “buy” rating on shares of Antofagasta in a research report on Monday, December 18th. Finally, Liberum Capital upped their price target on shares of Antofagasta from GBX 420 ($5.70) to GBX 535 ($7.26) and gave the stock a “sell” rating in a research report on Monday, November 27th.
Shares of Antofagasta (ANTO) traded down GBX 6.10 ($0.08) during midday trading on Monday, reaching GBX 998.40 ($13.54). 1,787,732 shares of the company traded hands, compared to its average volume of 2,030,000. The company has a market capitalization of $9,870.00 and a price-to-earnings ratio of 4,160.00. Antofagasta has a 12 month low of GBX 11.12 ($0.15) and a 12 month high of GBX 1,071 ($14.52).
Antofagasta 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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