Antofagasta plc Receives Average Rating of “Hold” from Brokerages (LON:ANTO)
Antofagasta plc (LON:ANTO) has received a consensus rating of “Hold” from the twenty-eight ratings firms that are presently covering the stock, Analyst Ratings Net reports. Nine research analysts have rated the stock with a sell recommendation, fifteen have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 839.42 ($14.29).
A number of analysts have recently weighed in on ANTO shares. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Antofagasta plc in a research note on Wednesday. They now have a GBX 900 ($15.32) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Antofagasta plc in a research note on Tuesday. They now have a GBX 700 ($11.91) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Antofagasta plc in a research note on Monday. They now have a GBX 750 ($12.76) price target on the stock.
Antofagasta plc (LON:ANTO) traded up 0.39% on Thursday, hitting GBX 765.50. The stock had a trading volume of 636,064 shares. Antofagasta plc has a 52 week low of GBX 733.00 and a 52 week high of GBX 985.0001. The stock has a 50-day moving average of GBX 779.7 and a 200-day moving average of GBX 822.2. The company’s market cap is £7.547 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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