Deutsche Bank Aktiengesellschaft reaffirmed their sell rating on shares of Antofagasta (OTCMKTS:ANFGF) in a report issued on Wednesday, The Fly reports.
ANFGF has been the subject of several other reports. JPMorgan Chase & Co. restated an underweight rating on shares of Antofagasta in a research report on Thursday, October 22nd. Morgan Stanley reissued an equal weight rating on shares of Antofagasta in a research report on Thursday, December 10th. The Goldman Sachs Group began coverage on shares of Antofagasta in a report on Thursday, October 15th. They set a neutral rating for the company. Investec upgraded shares of Antofagasta from a hold rating to a buy rating in a research note on Friday, September 25th. Finally, Liberum Capital cut shares of Antofagasta from a buy rating to a hold rating in a research note on Tuesday, October 27th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold.
Shares of OTCMKTS:ANFGF opened at $20.90 on Wednesday. The firm has a 50 day simple moving average of $19.22 and a 200 day simple moving average of $15.05. Antofagasta has a one year low of $7.30 and a one year high of $21.75.
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile and internationally. It operates through Los Pelambres, Centinela, Antucoya, ZaldÃvar, 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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