Antofagasta plc’s Market Perform Rating Reaffirmed at Sanford C. Bernstein (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “market perform” rating reiterated by equities researchers at Sanford C. Bernstein in a research report issued on Wednesday. They currently have a GBX 900 ($15.14) price target on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 14.87% from the company’s current price.
Shares of Antofagasta plc (LON:ANTO) opened at 773.50 on Wednesday. Antofagasta plc has a one year low of GBX 733.00 and a one year high of GBX 1026.00. The stock has a 50-day moving average of GBX 812.7 and a 200-day moving average of GBX 827.6. The company’s market cap is £7.626 billion.
ANTO has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Antofagasta plc in a research note on Tuesday, May 13th. They now have a GBX 700 ($11.77) price target on the stock. Separately, analysts at RBC Capital upgraded shares of Antofagasta plc to an “outperform” rating in a research note on Tuesday, May 6th. They now have a GBX 900 ($15.14) price target on the stock. Nine analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 848.02 ($14.26).
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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