Antofagasta (OTCMKTS:ANFGF)‘s stock had its “sector perform” rating reiterated by equities researchers at Scotiabank in a note issued to investors on Tuesday, The Fly reports.
ANFGF has been the subject of several other reports. Liberum Capital upgraded Antofagasta from a “sell” rating to a “hold” rating and set a $1,450.00 price target for the company in a report on Tuesday, June 29th. Barclays restated a “sell” rating and set a $1,100.00 target price on shares of Antofagasta in a research note on Friday, October 8th. BMO Capital Markets restated a “market perform” rating on shares of Antofagasta in a research note on Tuesday, August 24th. Peel Hunt upgraded Antofagasta to a “hold” rating in a research note on Monday, July 26th. Finally, UBS Group restated a “sell” rating on shares of Antofagasta in a research note on Tuesday, June 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $1,383.33.
Shares of OTCMKTS ANFGF opened at $18.80 on Tuesday. Antofagasta has a 12-month low of $13.03 and a 12-month high of $27.80. The stock has a fifty day moving average price of $19.73 and a 200 day moving average price of $21.57.
Antofagasta Plc is a holding company, which engages in copper mining, transport, and water distribution businesses. It operates through the following segments: Los Pelambres; Centinela; Antucoya; Zaldívar; Exploration and Evaluation; Corporate and Other Items; and Transport division. The Los Pelambres segment produces copper concentrate and molybdenum as a by-product.
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