Antofagasta PT Raised to GBX 790 (ANTO)
Analysts at Citigroup Inc. increased their price target on shares of Antofagasta (LON:ANTO) from GBX 780 ($12.49) to GBX 790 ($12.65) in a research report issued to clients and investors on Monday, AnalystRatingsNetwork.com reports. The firm currently has a “sell” rating on the stock. Citigroup Inc.’s price target would indicate a potential downside of 7.28% from the company’s current price.
ANTO has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “reduce” rating on shares of Antofagasta (LON:ANTO) in a research note to investors on Thursday. They now have a GBX 875 ($14.02) price target on the stock. Separately, analysts at WH Ireland downgraded shares of Antofagasta (LON:ANTO) from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, September 17th. Finally, analysts at Larrain Vial Corredores de Bolsa reiterated a “sell” rating on shares of Antofagasta (LON:ANTO) in a research note to investors on Thursday, September 12th. They now have a GBX 940 ($15.06) price target on the stock.
Seven equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 981.66 ($15.72).
Shares of Antofagasta (LON:ANTO) traded up 0.06% during mid-day trading on Monday, hitting GBX 852.0001. The stock had a trading volume of 1,081,719 shares. Antofagasta has a 52-week low of GBX 549.50 and a 52-week high of GBX 1392.00. The stock has a 50-day moving average of GBX 895.1 and a 200-day moving average of GBX 922.4. The company’s market cap is £8.399 billion.
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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