Antofagasta Rating Reiterated by CIBC (ANTO)
Antofagasta (LON:ANTO)‘s stock had its “sector perform” rating reaffirmed by equities researchers at CIBC in a research report issued on Thursday, AnalystRatings.NET reports.
Antofagasta (LON:ANTO) traded down 3.97% on Thursday, hitting GBX 853.25. The stock had a trading volume of 2,530,415 shares. Antofagasta has a one year low of GBX 783.00 and a one year high of GBX 1392.00. The stock’s 50-day moving average is GBX 860.0 and its 200-day moving average is GBX 886.1. The company’s market cap is £8.412 billion.
A number of other firms have also recently commented on ANTO. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Antofagasta in a research note to investors on Thursday. They now have a GBX 1,120 ($18.12) price target on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of Antofagasta in a research note to investors on Thursday. They now have a GBX 900 ($14.56) price target on the stock. Finally, analysts at Investec reiterated a “sell” rating on shares of Antofagasta in a research note to investors on Thursday. They now have a GBX 737 ($11.92) price target on the stock. Eight analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company. Antofagasta currently has an average rating of “Hold” and an average target price of GBX 958.59 ($15.51).
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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