Antofagasta plc (LON:ANTO) Stock Has Average Target Price of GBX 3,843.75

Shares of Antofagasta plc (LON:ANTO) have been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 3,843.75.

A number of analysts have recently commented on ANTO shares. Berenberg Bank raised Antofagasta to a “buy” rating and set a GBX 4,400 price objective on the stock in a research note on Monday, September 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 3,400 target price on shares of Antofagasta in a report on Friday, August 14th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 4,500 price target on shares of Antofagasta in a research report on Tuesday, June 9th. Royal Bank Of Canada downgraded shares of Antofagasta to an “underperform” rating and set a GBX 2,700 price target for the company. in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Antofagasta from GBX 4,500 to GBX 4,300 and set an “overweight” rating for the company in a research report on Friday, August 14th.

Antofagasta Stock Performance

ANTO opened at GBX 3,607 on Friday. The business has a 50 day moving average price of GBX 3,796.51 and a two-hundred day moving average price of GBX 3,783.82. The company has a debt-to-equity ratio of 75.57, a current ratio of 2.58 and a quick ratio of 2.78. The company has a market capitalization of £35.56 billion, a price-to-earnings ratio of 21.50, a price-to-earnings-growth ratio of -1.08 and a beta of 1.41. Antofagasta has a 1-year low of GBX 2,499 and a 1-year high of GBX 4,475.

Antofagasta Company Profile

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.