Credit Suisse Group Increases Antofagasta plc (ANTO) Price Target to GBX 780
Antofagasta plc (LON:ANTO) had its price target raised by Credit Suisse Group from GBX 690 ($9.08) to GBX 780 ($10.26) in a report issued on Wednesday, Marketbeat.com reports. They currently have an underperform rating on the mining company’s stock.
A number of other research analysts also recently issued reports on the company. J P Morgan Chase & Co decreased their price target on Antofagasta plc from GBX 740 ($9.73) to GBX 670 ($8.81) and set an underweight rating for the company in a report on Wednesday, August 23rd. Goldman Sachs Group, Inc. (The) reissued a sell rating and issued a GBX 650 ($8.55) price target on shares of Antofagasta plc in a report on Monday, July 24th. Berenberg Bank boosted their price target on Antofagasta plc from GBX 690 ($9.08) to GBX 760 ($10.00) and gave the company a sell rating in a report on Friday, September 8th. Peel Hunt reissued a hold rating and issued a GBX 875 ($11.51) price target on shares of Antofagasta plc in a report on Friday, July 28th. Finally, Jefferies Group LLC raised Antofagasta plc to a buy rating in a report on Thursday, August 31st. Nine analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Antofagasta plc has a consensus rating of Hold and an average price target of GBX 808.39 ($10.63).
Antofagasta plc (LON ANTO) opened at GBX 951 ($12.51) on Wednesday. Antofagasta plc has a twelve month low of GBX 648 ($8.52) and a twelve month high of GBX 1,071 ($14.09).
Antofagasta plc Company Profile
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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