Antofagasta plc (ANTO) Given Consensus Rating of “Hold” by Analysts
Antofagasta plc (LON:ANTO) has been given an average rating of “Hold” by the eighteen brokerages that are presently covering the stock, Marketbeat reports. Nine research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 719.17 ($9.34).
Several equities research analysts have recently commented on ANTO shares. Barclays PLC raised their target price on shares of Antofagasta plc from GBX 650 ($8.44) to GBX 790 ($10.26) and gave the stock an “equal weight” rating in a research report on Friday, April 21st. HSBC Holdings plc dropped their target price on shares of Antofagasta plc from GBX 730 ($9.48) to GBX 720 ($9.35) and set a “reduce” rating for the company in a research report on Friday, July 14th. Deutsche Bank AG cut shares of Antofagasta plc to a “sell” rating and dropped their target price for the stock from GBX 800 ($10.39) to GBX 700 ($9.09) in a research report on Friday, May 19th. J P Morgan Chase & Co raised their target price on shares of Antofagasta plc from GBX 680 ($8.83) to GBX 740 ($9.61) and gave the stock an “underweight” rating in a research report on Monday, June 5th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and issued a GBX 650 ($8.44) target price on shares of Antofagasta plc in a research report on Wednesday, July 5th.
Antofagasta plc (LON:ANTO) traded down 0.64% during trading on Friday, reaching GBX 938.50. 1,763,020 shares of the company traded hands. The firm’s 50 day moving average price is GBX 891.11 and its 200 day moving average price is GBX 834.45. The firm’s market capitalization is GBX 9.25 billion. Antofagasta plc has a 12-month low of GBX 473.00 and a 12-month high of GBX 966.00.
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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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