Antofagasta plc Given “Reduce” Rating at Numis Securities Ltd (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “reduce” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Thursday. They currently have a GBX 700 ($11.92) target price on the stock. Numis Securities Ltd’s price target indicates a potential downside of 10.43% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Antofagasta plc in a research note on Wednesday. They now have a GBX 730 ($12.43) price target on the stock. Separately, 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. Finally, 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. Nine equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the stock. Antofagasta plc currently has an average rating of “Hold” and a consensus price target of GBX 839.62 ($14.30).
Antofagasta plc (LON:ANTO) opened at 808.50 on Thursday. Antofagasta plc has a one year low of GBX 733.00 and a one year high of GBX 985.0001. The stock’s 50-day moving average is GBX 777.9 and its 200-day moving average is GBX 822.4. The company’s market cap is £7.971 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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