Antofagasta (LON:ANTO – Free Report) had its target price reduced by Berenberg Bank from GBX 4,600 to GBX 4,500 in a report issued on Friday morning,Digital Look reports. Berenberg Bank currently has a buy rating on the mining company’s stock.
A number of other research analysts have also recently weighed in on the stock. Royal Bank Of Canada cut shares of Antofagasta to an “underperform” rating and set a GBX 2,700 target price on the stock. in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 3,400 price target on shares of Antofagasta in a research note on Friday, August 14th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Antofagasta from GBX 4,500 to GBX 4,300 and set an “overweight” rating on the stock in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 3,856.25.
View Our Latest Stock Report on Antofagasta
Antofagasta Stock Down 0.8%
ANTO stock opened at GBX 3,400 on Friday. Antofagasta has a fifty-two week low of GBX 2,499 and a fifty-two week high of GBX 4,475. 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 business has a 50-day moving average of GBX 3,781.44 and a 200-day moving average of GBX 3,806.70. The stock has a market capitalization of £33.52 billion, a P/E ratio of 20.26, a P/E/G ratio of -1.08 and a beta of 1.41.
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.
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