Brokerages Set Antofagasta plc (LON:ANTO) Target Price at GBX 3,831.25

Shares of Antofagasta plc (LON:ANTO – Get Free Report) have been assigned an average rating of “Reduce” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 3,831.25.

ANTO has been the subject of several recent research reports. Royal Bank Of Canada cut Antofagasta to an “underperform” rating and set a GBX 2,700 price target for the company. in a report on Monday, July 20th. Jefferies Financial Group restated a “hold” rating and issued a GBX 4,500 target price on shares of Antofagasta in a research note on Tuesday, June 9th. Citigroup raised their target price on Antofagasta from GBX 4,000 to GBX 4,300 and gave the stock a “buy” rating in a research report on Friday, April 24th. Berenberg Bank reiterated a “hold” rating and set a GBX 4,400 price target on shares of Antofagasta in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 3,100 target price on shares of Antofagasta in a research note on Thursday, April 16th.

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Antofagasta Stock Up 0.0%

Shares of ANTO opened at GBX 4,018 on Thursday. The company has a debt-to-equity ratio of 74.56, a quick ratio of 2.78 and a current ratio of 2.90. The company has a 50-day simple moving average of GBX 3,844.21 and a 200-day simple moving average of GBX 3,788.05. Antofagasta has a 52 week low of GBX 2,045 and a 52 week high of GBX 4,475. The firm has a market capitalization of £39.61 billion, a P/E ratio of 29.81, a P/E/G ratio of -1.08 and a beta of 1.41.

Antofagasta Company Profile

(Get Free Report)

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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