Antofagasta Rating Reiterated by Deutsche Bank (ANTO)
Antofagasta (LON:ANTO)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Monday, AnalystRatings.NET reports. They currently have a GBX 770 ($12.69) price target on the stock. Deutsche Bank’s target price points to a potential downside of 3.93% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Antofagasta in a research note to investors on Tuesday, January 21st. They now have a GBX 1,100 ($18.12) price target on the stock. Separately, analysts at Westhouse Securities cut their price target on shares of Antofagasta from GBX 1,090 ($17.96) to GBX 1,000 ($16.48) in a research note to investors on Monday, January 20th. They now have a “buy” rating on the stock. Finally, analysts at Investec cut their price target on shares of Antofagasta from GBX 716 ($11.80) to GBX 685 ($11.29) in a research note to investors on Thursday, January 16th. They now have a “sell” 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 stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 891.46 ($14.69).
Antofagasta (LON:ANTO) traded down 0.68% on Monday, hitting GBX 801.5001. 1,766,547 shares of the company’s stock traded hands. Antofagasta has a 1-year low of GBX 733.00 and a 1-year high of GBX 1282.00. The stock’s 50-day moving average is GBX 798.7 and its 200-day moving average is GBX 843.0. The company’s market cap is £7.902 billion.
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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