Antofagasta’s (ANTO) “Hold” Rating Reaffirmed at Berenberg Bank
Berenberg Bank reaffirmed their hold rating on shares of Antofagasta (LON:ANTO) in a research report sent to investors on Tuesday morning. Berenberg Bank currently has a GBX 865 ($11.95) price objective on the mining company’s stock.
Several other research analysts have also commented on ANTO. Peel Hunt reaffirmed a hold rating and set a GBX 1,000 ($13.82) price target on shares of Antofagasta in a research report on Tuesday, November 21st. Barclays lifted their price target on Antofagasta from GBX 920 ($12.71) to GBX 995 ($13.75) and gave the stock an equal weight rating in a research report on Monday, January 8th. Liberum Capital lifted their price target on Antofagasta from GBX 420 ($5.80) to GBX 535 ($7.39) and gave the stock a sell rating in a research report on Monday, November 27th. Deutsche Bank lifted their price target on Antofagasta from GBX 800 ($11.05) to GBX 900 ($12.43) and gave the stock a sell rating in a research report on Monday, January 15th. Finally, JPMorgan Chase & Co. cut their price target on Antofagasta from GBX 700 ($9.67) to GBX 660 ($9.12) and set an underweight rating on the stock in a research report on Thursday, January 25th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Antofagasta presently has an average rating of Hold and an average price target of GBX 862.21 ($11.91).
Antofagasta (LON ANTO) opened at GBX 937.40 ($12.95) on Tuesday. The company has a market capitalization of $9,020.00 and a P/E ratio of 4,075.65. Antofagasta has a 12-month low of GBX 11.12 ($0.15) and a 12-month high of GBX 1,071 ($14.80).
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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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