Shares of Antofagasta plc (LON:ANTO) have been given an average recommendation of “Hold” by the fifteen analysts that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 925.42 ($11.39).
A number of research firms have recently issued reports on ANTO. Deutsche Bank boosted their target price on Antofagasta from GBX 860 ($10.58) to GBX 870 ($10.71) and gave the company a “hold” rating in a report on Monday, July 13th. Royal Bank of Canada boosted their price objective on shares of Antofagasta from GBX 600 ($7.38) to GBX 820 ($10.09) and gave the company an “underperform” rating in a research note on Thursday, June 18th. Morgan Stanley reduced their target price on shares of Antofagasta from GBX 790 ($9.72) to GBX 760 ($9.35) and set an “underweight” rating for the company in a research note on Friday, July 10th. Peel Hunt reiterated a “hold” rating and set a GBX 1,110 ($13.66) price target (up from GBX 965 ($11.88)) on shares of Antofagasta in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group raised their price objective on shares of Antofagasta from GBX 950 ($11.69) to GBX 1,000 ($12.31) and gave the company a “hold” rating in a research report on Wednesday, July 8th.
ANTO opened at GBX 1,027.50 ($12.64) on Tuesday. Antofagasta has a 52 week low of GBX 9.20 ($0.11) and a 52 week high of GBX 1,045.50 ($12.87). The business has a 50 day moving average price of GBX 956.61 and a two-hundred day moving average price of GBX 847.96. The company has a quick ratio of 1.95, a current ratio of 2.33 and a debt-to-equity ratio of 29.33. The company has a market cap of $10.13 billion and a PE ratio of 20.19.
Antofagasta Company Profile
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, 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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