Antofagasta Rating Reiterated by BNP Paribas (ANTO)
Antofagasta (LON:ANTO)‘s stock had its “outperform” rating restated by investment analysts at BNP Paribas in a note issued to investors on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 1,100 ($17.79) price objective on the stock. BNP Paribas’ price objective would indicate a potential upside of 27.09% from the stock’s previous close.
A number of other firms have also recently commented on ANTO. Analysts at Jefferies Group reiterated a “hold” rating on shares of Antofagasta in a research note to investors on Thursday. They now have a GBX 1,000 ($16.17) price target on the stock. Separately, analysts at Investec raised their price target on shares of Antofagasta from GBX 725 ($11.72) to GBX 737 ($11.92) in a research note to investors on Monday. They now have a “sell” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Antofagasta from GBX 1,020 ($16.49) to GBX 1,120 ($18.11) in a research note to investors on Friday, October 18th. They now have a “buy” rating on the stock. Eight investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 962.59 ($15.57).
Antofagasta (LON:ANTO) opened at 879.50 on Thursday. 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 861.2 and a 200-day moving average of GBX 893.8. The company’s market cap is £8.671 billion.
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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