Antofagasta plc Given Sell Rating at Societe Generale (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “sell” rating reiterated by Societe Generale in a research note issued on Tuesday. They currently have a GBX 715 ($12.14) price objective on the stock. Societe Generale’s price objective points to a potential downside of 4.48% from the company’s current price.
Antofagasta plc (LON:ANTO) opened at 750.50 on Tuesday. Antofagasta plc has a 1-year low of GBX 733.00 and a 1-year high of GBX 985.0001. The stock’s 50-day moving average is GBX 783.1 and its 200-day moving average is GBX 822.6. The company’s market cap is £7.399 billion.
A number of other firms have also recently commented on ANTO. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Antofagasta plc in a research note on Monday. They now have a GBX 900 ($15.28) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Antofagasta plc in a research note on Friday. They now have a GBX 900 ($15.28) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Antofagasta plc in a research note on Thursday, June 12th. They now have a GBX 700 ($11.88) price target on the stock. Nine analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the company’s stock. Antofagasta plc currently has an average rating of “Hold” and a consensus price target of GBX 839.42 ($14.25).
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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