Antofagasta Rating Reiterated by Deutsche Bank (ANTO)
Antofagasta (LON:ANTO)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday, ARN reports. They currently have a GBX 1,035 ($16.58) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 21.27% from the stock’s previous close.
ANTO has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Antofagasta (LON:ANTO) in a research note to investors on Tuesday. They now have a GBX 1,000 ($16.02) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Antofagasta (LON:ANTO) from GBX 780 ($12.49) to GBX 790 ($12.65) in a research note to investors on Monday. They now have a “sell” rating on the stock. Finally, analysts at Nomura reiterated a “reduce” rating on shares of Antofagasta (LON:ANTO) in a research note to investors on Thursday, September 19th. They now have a GBX 875 ($14.02) price target on the stock. Eight analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 951.59 ($15.24).
Shares of Antofagasta (LON:ANTO) traded down 0.23% on Thursday, hitting GBX 853.50. 1,224,835 shares of the company’s stock traded hands. Antofagasta has a 52 week low of GBX 783.00 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 £8.414 billion.
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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