Antofagasta (LON:ANTO) Given “Hold” Rating at Deutsche Bank

Deutsche Bank reiterated their hold rating on shares of Antofagasta (LON:ANTO) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued reports about the company. Liberum Capital reissued a buy rating and issued a GBX 810 ($10.58) price objective on shares of in a report on Wednesday, July 3rd. JPMorgan Chase & Co. increased their price objective on from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the company a neutral rating in a report on Friday, July 5th. UBS Group set a $13.00 price objective on Freeport-McMoRan and gave the company a hold rating in a report on Wednesday, June 26th. Citigroup increased their price objective on Philip Morris International from $90.00 to $102.00 and gave the company a buy rating in a report on Monday, March 25th. Finally, Royal Bank of Canada reissued an outperform rating and issued a GBX 670 ($8.75) price objective on shares of in a report on Friday, June 28th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Antofagasta currently has an average rating of Hold and an average price target of GBX 903.93 ($11.81).

ANTO stock opened at GBX 863 ($11.28) on Wednesday. The firm has a market capitalization of $8.51 billion and a P/E ratio of 15.66. Antofagasta has a twelve month low of GBX 713.20 ($9.32) and a twelve month high of GBX 1,026 ($13.41). The company has a 50 day moving average price of GBX 857.46. The company has a debt-to-equity ratio of 26.42, a current ratio of 2.63 and a quick ratio of 2.19.

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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Analyst Recommendations for Antofagasta (LON:ANTO)

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