Antofagasta plc Rating Reiterated by Deutsche Bank (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “sell” rating reaffirmed by research analysts at Deutsche Bank in a report released on Wednesday. They currently have a GBX 730 ($12.43) price objective on the stock. Deutsche Bank’s price objective points to a potential downside of 5.13% from the company’s current price.
Shares of Antofagasta plc (LON:ANTO) opened at 769.50 on Wednesday. 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 777.8 and a 200-day moving average of GBX 822.7. The company’s market cap is £7.586 billion.
A number of other firms have also recently commented on ANTO. Analysts at RBC Capital reiterated an “outperform” rating on shares of Antofagasta plc in a research note on Friday, June 27th. They now have a GBX 900 ($15.33) 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 Wednesday, June 25th. They now have a GBX 900 ($15.33) 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 Tuesday, June 24th. They now have a GBX 700 ($11.92) price target on the stock. Nine analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 839.62 ($14.30).
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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