Shares of Antofagasta plc (LON:ANTO – Get Free Report) have been assigned an average rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 3,856.25.
A number of research analysts recently issued reports on the stock. Royal Bank Of Canada downgraded shares of Antofagasta to an “underperform” rating and set a GBX 2,700 target price on the stock. in a research report on Monday, July 20th. JPMorgan Chase & Co. reduced their price target on shares of Antofagasta from GBX 4,500 to GBX 4,300 and set an “overweight” rating for the company in a report on Friday, August 14th. Berenberg Bank decreased their price target on shares of Antofagasta from GBX 4,600 to GBX 4,500 and set a “buy” rating for the company in a research note on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 3,400 price objective on shares of Antofagasta in a report on Friday, August 14th.
Check Out Our Latest Report on ANTO
Antofagasta Price Performance
Antofagasta stock opened at GBX 3,048 on Tuesday. The stock has a market capitalization of £30.05 billion, a price-to-earnings ratio of 18.16, a PEG ratio of -1.08 and a beta of 1.41. Antofagasta has a 52-week low of GBX 2,499 and a 52-week high of GBX 4,475. The company has a debt-to-equity ratio of 75.57, a quick ratio of 2.78 and a current ratio of 2.58. The stock’s 50 day moving average price is GBX 3,710.92 and its two-hundred day moving average price is GBX 3,795.70.
About Antofagasta
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.
Further Reading
- Five stocks we like better than Antofagasta
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for Antofagasta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta and related companies with MarketBeat.com's FREE daily email newsletter.
