Antofagasta plc (LON:ANTO)‘s stock had its “equal weight” rating restated by Barclays PLC in a research report issued on Friday, July 14th. They presently have a GBX 790 ($10.29) target price on the mining company’s stock. Barclays PLC’s target price indicates a potential downside of 17.36% from the stock’s previous close.
A number of other equities analysts also recently commented on the stock. Deutsche Bank AG reaffirmed a “sell” rating and issued a GBX 700 ($9.12) price objective on shares of Antofagasta plc in a report on Thursday, July 13th. Berenberg Bank reiterated a “sell” rating and issued a GBX 650 ($8.46) target price on shares of Antofagasta plc in a research note on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and issued a GBX 650 ($8.46) target price on shares of Antofagasta plc in a research note on Wednesday, July 5th. Macquarie reiterated a “neutral” rating and issued a GBX 850 ($11.07) target price on shares of Antofagasta plc in a research note on Monday, June 19th. Finally, Credit Suisse Group raised their target price on Antofagasta plc from GBX 550 ($7.16) to GBX 570 ($7.42) and gave the company an “underperform” rating in a research note on Wednesday, June 14th. Nine investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 719.17 ($9.37).
Antofagasta plc (LON ANTO) traded up 0.58% on Friday, hitting GBX 961.50. 1,817,298 shares of the company were exchanged. Antofagasta plc has a 52 week low of GBX 470.40 and a 52 week high of GBX 964.00. The company’s market capitalization is GBX 9.48 billion. The firm’s 50 day moving average is GBX 857.05 and its 200 day moving average is GBX 827.08.
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Antofagasta plc Company Profile
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
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