Westhouse Securities Reiterates “Add” Rating for Antofagasta plc (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “add” rating restated by Westhouse Securities in a research note issued on Wednesday. They currently have a GBX 885 ($15.03) price objective on the stock. Westhouse Securities’ price target points to a potential upside of 9.33% from the company’s current price.
A number of other analysts have also recently weighed in on ANTO. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Antofagasta plc in a research note on Friday, July 25th. They now have a GBX 900 ($15.28) price target on the stock. Separately, analysts at Jefferies Group upgraded shares of Antofagasta plc to a “buy” rating in a research note on Thursday, July 24th. They now have a GBX 1,000 ($16.98) price target on the stock, up previously from GBX 825 ($14.01). Finally, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Antofagasta plc in a research note on Wednesday, July 23rd. They now have a GBX 700 ($11.89) price target on the stock. Nine analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 841.93 ($14.30).
Shares of Antofagasta plc (LON:ANTO) opened at 809.50 on Wednesday. Antofagasta plc has a 1-year low of GBX 733.00 and a 1-year high of GBX 985.00. The stock’s 50-day moving average is GBX 798.5 and its 200-day moving average is GBX 825.5. The company’s market cap is £7.981 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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