Antofagasta plc (LON:ANTO) Receives GBX 3,618.75 Average Target Price from Analysts

Shares of Antofagasta plc (LON:ANTO – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the eight research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 3,618.75.

ANTO has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on Antofagasta from GBX 3,200 to GBX 3,400 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 4,500 target price on shares of Antofagasta in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 3,100 target price on shares of Antofagasta in a research report on Thursday, April 16th. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a GBX 2,800 target price on shares of Antofagasta in a research report on Friday, April 10th. Finally, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 3,700 target price on shares of Antofagasta in a research report on Thursday, April 16th.

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Antofagasta Price Performance

LON:ANTO opened at GBX 3,912 on Tuesday. The company has a quick ratio of 2.78, a current ratio of 2.90 and a debt-to-equity ratio of 74.56. The stock’s 50 day moving average price is GBX 3,923.30 and its two-hundred day moving average price is GBX 3,651.53. The firm has a market capitalization of £38.57 billion, a price-to-earnings ratio of 29.02, a P/E/G ratio of -1.08 and a beta of 1.41. Antofagasta has a 12-month low of GBX 1,675.50 and a 12-month high of GBX 4,475.

About Antofagasta

(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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