Antofagasta Price Target Increased to GBX 815 by Analysts at JPMorgan Chase & Co. (ANTO)
Stock analysts at JPMorgan Chase & Co. hoisted their price target on shares of Antofagasta (LON:ANTO) from GBX 790 ($12.96) to GBX 815 ($13.37) in a report issued on Wednesday, Analyst Ratings Net reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 5.50% from the company’s current price.
A number of other analysts have also recently weighed in on ANTO. Analysts at Canaccord Genuity cut their price target on shares of Antofagasta from GBX 1,110 ($18.21) to GBX 1,035 ($16.98) in a research note to investors on Tuesday, December 17th. They now have a “buy” rating on the stock. Separately, analysts at Credit Suisse upgraded shares of Antofagasta to a “neutral” rating in a research note to investors on Tuesday, December 10th. They now have a GBX 750 ($12.30) price target on the stock, down previously from GBX 900 ($14.76). Finally, analysts at UBS AG cut their price target on shares of Antofagasta from GBX 870 ($14.27) to GBX 845 ($13.86) in a research note to investors on Tuesday, December 3rd. They now have a “neutral” rating on the stock. Seven investment 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. Antofagasta currently has an average rating of “Hold” and a consensus target price of GBX 939.17 ($15.40).
Antofagasta (LON:ANTO) traded down 1.02% on Wednesday, hitting GBX 772.50. The stock had a trading volume of 1,296,882 shares. Antofagasta has a 1-year low of GBX 733.00 and a 1-year high of GBX 1334.00. The stock’s 50-day moving average is GBX 790.4 and its 200-day moving average is GBX 844.0. The company’s market cap is £7.616 billion.
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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