Antofagasta plc (LON:ANTO) Receives Consensus Rating of "Hold" from Brokerages
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…
From the Equity Insider archive. This article dates from Jun 27, 2022 and is preserved as first published.
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.
reissued a “neutral” rating on shares of Antofagasta in a research report on Friday, May 13th.
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.
