Antofagasta plc (ANFGF) – What Are Brokerages Thinking About This Stock?

Antofagasta plc (OTCMKTS:ANFGF – Get Free Report) has received a consensus recommendation of “Reduce” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company.

ANFGF has been the subject of several recent research reports. Morgan Stanley reiterated an “underweight” rating on shares of Antofagasta in a research report on Wednesday, July 8th. Citigroup raised shares of Antofagasta from a “buy” rating to an “overweight” rating in a research report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Antofagasta in a report on Thursday, July 2nd.

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Antofagasta Stock Performance

ANFGF opened at $48.87 on Wednesday. The stock’s 50 day simple moving average is $51.79 and its 200 day simple moving average is $51.60. Antofagasta has a 1 year low of $32.91 and a 1 year high of $61.72.

About Antofagasta

(Get Free Report)

Antofagasta plc (OTCMKTS:ANFGF) is a Chile-focused mining company that explores, develops and operates copper mines. Copper is its principal product, with additional production of molybdenum, gold and silver from certain operations. The company also operates a transport division that provides rail and road freight services in northern Chile.

Antofagasta’s mining operations include Los Pelambres in the Coquimbo Region and Centinela, Antucoya and Zaldívar in the Antofagasta Region. Its projects and exploration activities are primarily concentrated in Chile, while its corporate headquarters are in London, United Kingdom.

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