Antofagasta (LON:ANTO)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a research note issued on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently weighed in on ANTO. Bank of America reiterated a “buy” rating on shares of Antofagasta in a report on Tuesday, October 8th. UBS Group lowered their target price on Antofagasta from GBX 850 ($11.11) to GBX 800 ($10.45) and set a “sell” rating for the company in a report on Thursday, September 26th. Deutsche Bank reiterated a “sell” rating and issued a GBX 820 ($10.71) target price on shares of Antofagasta in a report on Tuesday, September 10th. Credit Suisse Group reiterated an “underperform” rating and issued a GBX 810 ($10.58) target price (up from GBX 600 ($7.84)) on shares of Antofagasta in a report on Friday, June 28th. Finally, Royal Bank of Canada lifted their target price on Antofagasta from GBX 860 ($11.24) to GBX 950 ($12.41) and gave the stock a “sector performer” rating in a report on Friday, June 28th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 875.38 ($11.44).
Shares of ANTO stock opened at GBX 857.60 ($11.21) on Wednesday. The company has a market cap of $8.45 billion and a P/E ratio of 12.97. The stock has a 50 day simple moving average of GBX 878.75 and a two-hundred day simple moving average of GBX 883.26. The company has a debt-to-equity ratio of 29.27, a quick ratio of 1.90 and a current ratio of 2.31. Antofagasta has a fifty-two week low of GBX 713.20 ($9.32) and a fifty-two week high of GBX 1,026 ($13.41).
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.
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