Antofagasta plc (ANFGF) – What Are Investment Firms Thinking About This Stock?

Shares of Antofagasta plc (OTCMKTS:ANFGF) have been assigned a consensus recommendation of “Reduce” from the ten research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company.

ANFGF has been the subject of several recent research reports. Morgan Stanley reissued an “underweight” rating on shares of Antofagasta in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Antofagasta in a report on Thursday, July 2nd. Citigroup upgraded shares of Antofagasta from a “buy” rating to an “overweight” rating in a research report on Monday, July 6th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Antofagasta in a research report on Monday, June 15th.

Antofagasta Price Performance

Shares of OTCMKTS ANFGF opened at $50.49 on Wednesday. Antofagasta has a one year low of $32.91 and a one year high of $61.72. The business’s fifty day moving average price is $51.85 and its 200-day moving average price is $51.53.

About Antofagasta

Antofagasta plc is a mining company headquartered in the United Kingdom with its principal operations in Chile. The company focuses primarily on the exploration, development and production of copper, a metal used extensively in electrical equipment, infrastructure, construction and renewable-energy technologies. It also produces by-products including gold, molybdenum and silver at certain operations.

Antofagasta operates four copper mining divisions in northern and central Chile: Los Pelambres, Centinela, Antucoya and Zaldívar.