Antofagasta plc (LON:ANTO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,813.30 and traded as high as GBX 3,931. Antofagasta shares last traded at GBX 3,898, with a volume of 374,350 shares trading hands.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on ANTO shares. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 3,400 target price on shares of Antofagasta in a research report on Friday, August 14th. Royal Bank Of Canada lowered shares of Antofagasta to an “underperform” rating and set a GBX 2,700 price target for the company. in a research report on Monday, July 20th. Berenberg Bank restated a “hold” rating and set a GBX 4,400 price objective on shares of Antofagasta in a report on Friday, August 14th. JPMorgan Chase & Co. lowered their price objective on shares of Antofagasta from GBX 4,500 to GBX 4,300 and set an “overweight” rating on the stock in a research report on Friday, August 14th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 4,500 price objective on shares of Antofagasta in a research report on Tuesday, June 9th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Antofagasta presently has a consensus rating of “Reduce” and a consensus target price of GBX 3,843.75.
Check Out Our Latest Report on Antofagasta
Antofagasta Trading Down 0.4%
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
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
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.
