Jefferies Group Reiterates “Hold” Rating for Antofagasta plc (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “hold” rating restated by research analysts at Jefferies Group in a report released on Friday. They currently have a GBX 825 ($14.00) price target on the stock. Jefferies Group’s price objective indicates a potential upside of 7.84% from the stock’s previous close.
A number of other firms have also recently commented on ANTO. Analysts at Societe Generale reiterated a “sell” rating on shares of Antofagasta plc in a research note on Tuesday. They now have a GBX 715 ($12.14) price target on the stock. Separately, 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. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Antofagasta plc in a research note on Friday, June 13th. They now have a GBX 900 ($15.28) price target on the stock. Nine research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 839.42 ($14.25).
Shares of Antofagasta plc (LON:ANTO) opened at 773.00 on Friday. Antofagasta plc has a 1-year low of GBX 733.00 and a 1-year high of GBX 985.0001. The stock has a 50-day moving average of GBX 781.1 and a 200-day moving average of GBX 821.7. The company’s market cap is £7.621 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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