Antofagasta (LON:ANTO) had its price objective lifted by Peel Hunt from GBX 1,010 ($13.70) to GBX 1,050 ($14.24) in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the mining company’s stock. Peel Hunt’s price target suggests a potential upside of 1.74% from the stock’s current price.
A number of other equities research analysts have also commented on ANTO. Barclays increased their price target on Antofagasta from GBX 920 ($12.48) to GBX 995 ($13.49) and gave the company an “equal weight” rating in a research report on Monday, January 8th. Macquarie lowered their price target on Antofagasta from GBX 940 ($12.75) to GBX 920 ($12.48) and set a “neutral” rating for the company in a research report on Thursday, October 26th. Liberum Capital increased their price target on Antofagasta from GBX 420 ($5.70) to GBX 535 ($7.26) and gave the company a “sell” rating in a research report on Monday, November 27th. Investec raised Antofagasta to a “buy” rating and increased their price target for the company from GBX 957 ($12.98) to GBX 1,046 ($14.18) in a research report on Friday, September 29th. Finally, Deutsche Bank reissued a “sell” rating and issued a GBX 800 ($10.85) price target on shares of Antofagasta in a research report on Thursday, October 26th. Nine investment 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 company has an average rating of “Hold” and a consensus target price of GBX 819.22 ($11.11).
Antofagasta (LON ANTO) traded up GBX 6 ($0.08) during midday trading on Wednesday, reaching GBX 1,032 ($14.00). The company had a trading volume of 2,945,407 shares, compared to its average volume of 2,260,000. The stock has a market cap of $10,150.00 and a price-to-earnings ratio of 4,300.00. Antofagasta has a twelve month low of GBX 11.12 ($0.15) and a twelve month high of GBX 1,071 ($14.52).
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Antofagasta 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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