Antofagasta plc (ANTO) Price Target Raised to GBX 1,010 at Peel Hunt

Antofagasta plc (LON:ANTO) had its price target raised by Peel Hunt from GBX 1,000 ($13.15) to GBX 1,010 ($13.28) in a note issued to investors on Monday. The brokerage presently has a “hold” rating on the mining company’s stock. Peel Hunt’s price target would suggest a potential upside of 2.75% from the stock’s previous close.

ANTO has been the topic of a number of other reports. Jefferies Group LLC upgraded shares of Antofagasta to a “buy” rating in a report on Thursday, August 31st. Barclays PLC raised their price objective on shares of Antofagasta from GBX 790 ($10.39) to GBX 965 ($12.69) and gave the stock an “equal weight” rating in a report on Tuesday, October 24th. Liberum Capital restated a “sell” rating and set a GBX 420 ($5.52) price objective on shares of Antofagasta in a report on Wednesday, October 25th. Investec upgraded shares of Antofagasta to a “buy” rating and raised their price objective for the stock from GBX 957 ($12.59) to GBX 1,046 ($13.76) in a report on Friday, September 29th. Finally, Deutsche Bank AG restated a “sell” rating on shares of Antofagasta in a report on Friday, September 15th. Nine analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 808.94 ($10.64).

Shares of Antofagasta (LON ANTO) opened at GBX 982.95 ($12.93) on Monday. Antofagasta has a twelve month low of GBX 648 ($8.52) and a twelve month high of GBX 1,071 ($14.09).

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About Antofagasta

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.

Analyst Recommendations for Antofagasta (LON:ANTO)

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