Antofagasta plc (LON:ANTO – Get Rating) has been assigned an average rating of “Hold” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 1,239.17 ($15.10).
A number of equities analysts recently weighed in on the stock. Barclays cut their price target on shares of Antofagasta from GBX 1,350 ($16.45) to GBX 1,275 ($15.53) and set an “overweight” rating on the stock in a report on Friday, October 21st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Antofagasta from GBX 1,050 ($12.79) to GBX 1,200 ($14.62) and gave the stock a “hold” rating in a report on Wednesday, November 23rd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Antofagasta from GBX 1,260 ($15.35) to GBX 1,210 ($14.74) and set a “neutral” rating on the stock in a report on Friday, October 14th.
Antofagasta Stock Performance
LON ANTO opened at GBX 1,762.50 ($21.47) on Friday. The company has a fifty day moving average price of GBX 1,463.48 and a 200-day moving average price of GBX 1,241.47. The company has a debt-to-equity ratio of 33.02, a current ratio of 3.37 and a quick ratio of 2.78. The firm has a market cap of £17.38 billion and a price-to-earnings ratio of 2,414.38. Antofagasta has a 1 year low of GBX 971.20 ($11.83) and a 1 year high of GBX 1,815 ($22.11).
Antofagasta Company Profile
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.