Antofagasta plc (ANFGF) – What Are Brokerages Saying About This Stock?

Shares of Antofagasta plc (OTCMKTS:ANFGF) have been assigned a consensus recommendation of “Hold” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company.

ANFGF has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised shares of Antofagasta from a “sell” rating to a “hold” rating in a report on Monday, October 26th. Morgan Stanley reiterated an “underweight” rating on shares of Antofagasta in a research note on Wednesday, July 8th. Finally, Citigroup raised shares of Antofagasta from a “buy” rating to an “overweight” rating in a research report on Monday, July 6th.

Antofagasta Trading Down 1.2%

Shares of OTCMKTS ANFGF opened at $42.98 on Friday. Antofagasta has a twelve month low of $32.91 and a twelve month high of $61.72. The stock has a 50 day moving average of $49.63 and a two-hundred day moving average of $50.91.

Antofagasta Company Profile

Antofagasta plc (OTCMKTS:ANFGF) is a Chile-focused mining company that explores, develops and operates copper mines. Copper is its principal product, with additional production of molybdenum, gold and silver from certain operations. The company also operates a transport division that provides rail and road freight services in northern Chile.

Antofagasta’s mining operations include Los Pelambres in the Coquimbo Region and Centinela, Antucoya and Zaldívar in the Antofagasta Region. Its projects and exploration activities are primarily concentrated in Chile, while its corporate headquarters are in London, United Kingdom.