Antofagasta Receives “Hold” Rating from Deutsche Bank (ANTO)
Antofagasta (LON:ANTO)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday, American Banking and Market News reports. They currently have a GBX 1,035 ($16.61) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 26.14% from the company’s current price.
Antofagasta (LON:ANTO) opened at 821.00 on Tuesday. Antofagasta has a 1-year low of GBX 783.00 and a 1-year 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 £8.094 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of Antofagasta in a research note to investors on Monday. They now have a GBX 790 ($12.67) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Antofagasta in a research note to investors on Monday. They now have a GBX 1,200 ($19.25) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Antofagasta in a research note to investors on Friday, September 27th. They now have a GBX 1,200 ($19.25) price target on the stock. Eight analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Antofagasta has an average rating of “Hold” and a consensus price target of GBX 949.59 ($15.23).
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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