Antofagasta plc (ANTO) Receives Underperform Rating from Macquarie
Macquarie restated their underperform rating on shares of Antofagasta plc (LON:ANTO) in a research note published on Tuesday. They currently have a GBX 400 ($5.22) target price on the mining company’s stock.
Other research analysts also recently issued reports about the stock. SP Angel reiterated a hold rating on shares of Antofagasta plc in a research note on Wednesday, July 27th. Deutsche Bank AG reiterated a hold rating on shares of Antofagasta plc in a research note on Wednesday, July 13th. Canaccord Genuity increased their price objective on shares of Antofagasta plc from GBX 475 ($6.20) to GBX 505 ($6.59) and gave the company a hold rating in a research note on Thursday, August 4th. Berenberg Bank increased their price objective on shares of Antofagasta plc from GBX 365 ($4.76) to GBX 370 ($4.83) and gave the company a sell rating in a research note on Friday, July 8th. Finally, Peel Hunt reiterated a hold rating and set a GBX 515 ($6.72) price objective on shares of Antofagasta plc in a research note on Monday, August 15th. Ten equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 483.82 ($6.32).
Shares of Antofagasta plc (LON:ANTO) opened at 492.20 on Tuesday. The stock’s market cap is GBX 4.85 billion. The company’s 50-day moving average is GBX 516.16 and its 200-day moving average is GBX 476.17. Antofagasta plc has a 12-month low of GBX 340.60 and a 12-month high of GBX 610.50.
About Antofagasta plc
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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