Antofagasta (LON:ANTO) Earns Hold Rating from Peel Hunt
Peel Hunt reissued their hold rating on shares of Antofagasta (LON:ANTO) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms have also weighed in on ANTO. Jefferies Financial Group lowered shares of Antofagasta to a hold rating and set a GBX 950 ($12.50) price target on the stock. in a research report on Wednesday, December 11th. Goldman Sachs Group cut their price objective on shares of Antofagasta from GBX 925 ($12.17) to GBX 910 ($11.97) and set a neutral rating for the company in a report on Tuesday, November 5th. UBS Group reissued a sell rating on shares of Antofagasta in a research note on Thursday, October 24th. Barclays lowered their target price on Antofagasta from GBX 750 ($9.87) to GBX 700 ($9.21) and set an underweight rating on the stock in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. upped their price target on Antofagasta from GBX 730 ($9.60) to GBX 780 ($10.26) and gave the company an underweight rating in a research report on Tuesday, December 17th. Six equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of GBX 911.43 ($11.99).
LON:ANTO opened at GBX 969.80 ($12.76) on Monday. The company’s 50-day moving average price is GBX 918.46 and its 200-day moving average price is GBX 890.07. The company has a current ratio of 2.31, a quick ratio of 1.90 and a debt-to-equity ratio of 29.27. The company has a market cap of $9.56 billion and a P/E ratio of 14.67. Antofagasta has a twelve month low of GBX 768.80 ($10.11) and a twelve month high of GBX 1,026 ($13.50).
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.
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