Antofagasta Rating Reiterated by Westhouse Securities (ANTO)
Antofagasta (LON:ANTO)‘s stock had its “buy” rating reiterated by Westhouse Securities in a research note issued on Wednesday, ARN reports. They currently have a GBX 1,000 ($16.48) target price on the stock. Westhouse Securities’ price objective suggests a potential upside of 21.58% from the company’s current price.
Shares of Antofagasta (LON:ANTO) opened at 879.00 on Wednesday. Antofagasta has a 1-year low of GBX 733.00 and a 1-year high of GBX 1282.00. The stock has a 50-day moving average of GBX 799.4 and a 200-day moving average of GBX 842.8. The company’s market cap is £8.666 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura cut their price target on shares of Antofagasta from GBX 875 ($14.42) to GBX 800 ($13.18) in a research note to investors on Tuesday. They now have a “reduce” rating on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Antofagasta in a research note to investors on Monday. They now have a GBX 750 ($12.36) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Antofagasta in a research note to investors on Monday. They now have a GBX 770 ($12.69) price target on the stock. Seven analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. Antofagasta presently has a consensus rating of “Hold” and a consensus price target of GBX 888.46 ($14.64).
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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