Shares of Antofagasta plc (LON:ANTO) have received a consensus rating of “Hold” from the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 1,323.33 ($17.85).
A number of research analysts have issued reports on ANTO shares. Peel Hunt reissued an “add” rating and set a GBX 1,550 ($20.91) target price on shares of Antofagasta in a research note on Thursday, October 28th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,250 ($16.86) target price on shares of Antofagasta in a research note on Tuesday. Morgan Stanley reissued an “underweight” rating and set a GBX 1,060 ($14.30) target price on shares of Antofagasta in a research note on Thursday, November 25th. JPMorgan Chase & Co. reduced their price target on shares of Antofagasta from GBX 1,360 ($18.35) to GBX 1,350 ($18.21) and set a “neutral” rating for the company in a research note on Thursday, January 13th. Finally, Royal Bank of Canada raised shares of Antofagasta to a “sector perform” rating and upped their price target for the stock from GBX 1,150 ($15.52) to GBX 1,350 ($18.21) in a research note on Friday, October 15th.
Antofagasta stock opened at GBX 1,376.37 ($18.57) on Friday. The company has a quick ratio of 2.53, a current ratio of 2.86 and a debt-to-equity ratio of 33.80. The firm has a 50-day moving average price of GBX 1,382.39 and a two-hundred day moving average price of GBX 1,415.82. The firm has a market capitalization of £13.57 billion and a price-to-earnings ratio of 18.00. Antofagasta has a 52-week low of GBX 1,279.20 ($17.26) and a 52-week high of GBX 1,972 ($26.61).
About Antofagasta
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile and internationally. It operates through Los Pelambres, Centinela, Antucoya, ZaldÃvar, Exploration and Evaluation, and Transport segments. The company explores for copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.