Antofagasta plc (LON:ANTO – Get Free Report) insider Tony Jensen purchased 5,550 shares of the company’s stock in a transaction dated Tuesday, November 10th. The shares were acquired at an average price of GBX 3,326 per share, for a total transaction of £184,593.
Antofagasta Price Performance
Antofagasta stock traded down GBX 61 during trading on Friday, reaching GBX 3,156. The company had a trading volume of 12,428,972 shares, compared to its average volume of 12,773,135. The firm’s 50-day simple moving average is GBX 3,529.89 and its 200 day simple moving average is GBX 3,733.93. The firm has a market capitalization of £31.11 billion, a PE ratio of 18.81, a price-to-earnings-growth ratio of -1.08 and a beta of 1.41. The company has a debt-to-equity ratio of 75.57, a quick ratio of 2.78 and a current ratio of 2.58. Antofagasta plc has a 1-year low of GBX 2,499 and a 1-year high of GBX 4,475.
Analysts Set New Price Targets
A number of brokerages recently commented on ANTO. Royal Bank Of Canada downgraded shares of Antofagasta to an “underperform” rating and set a GBX 2,700 target price for the company. in a research note on Monday, July 20th. Berenberg Bank reduced their price objective on shares of Antofagasta from GBX 4,600 to GBX 4,500 and set a “buy” rating on the stock in a research note on Friday, October 16th. JPMorgan Chase & Co. cut their target price on shares of Antofagasta from GBX 4,500 to GBX 4,300 and set an “overweight” rating on the stock in a research note on Friday, August 14th. Finally, Deutsche Bank upgraded Antofagasta to a “hold” rating and lowered their price target for the company from GBX 3,600 to GBX 3,300 in a report on Tuesday, October 27th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Antofagasta presently has an average rating of “Hold” and an average target price of GBX 3,843.75.
Read Our Latest Research Report on Antofagasta
About Antofagasta
Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.
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