Antofagasta plc (LON:ANTO – Get Rating) has earned a consensus recommendation of “Hold” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,463.57 ($17.93).
A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Antofagasta in a research report on Friday, May 13th. Barclays reissued an “overweight” rating and set a GBX 1,645 ($20.15) target price on shares of Antofagasta in a research report on Monday, May 16th. Royal Bank of Canada reissued an “underperform” rating and set a GBX 1,300 ($15.92) target price on shares of Antofagasta in a research report on Monday, May 16th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Antofagasta from GBX 1,300 ($15.92) to GBX 1,500 ($18.37) and gave the company a “hold” rating in a research report on Tuesday, April 5th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Antofagasta in a research report on Wednesday, May 11th.
Shares of ANTO stock opened at GBX 1,184.50 ($14.51) on Monday. Antofagasta has a 52-week low of GBX 1,142.18 ($13.99) and a 52-week high of GBX 1,799.50 ($22.04). The company has a debt-to-equity ratio of 28.77, a quick ratio of 3.10 and a current ratio of 3.43. The company has a 50-day simple moving average of GBX 1,443.92 and a two-hundred day simple moving average of GBX 1,461.82. The company has a market capitalization of £11.68 billion and a price-to-earnings ratio of 11.09.
About Antofagasta (Get Rating)
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile.