Antofagasta plc Receives “Buy” Rating from Jefferies Group (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “buy” rating restated by investment analysts at Jefferies Group in a note issued to investors on Thursday. They currently have a GBX 1,000 ($16.83) target price on the stock. Jefferies Group’s price objective would indicate a potential upside of 23.99% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Antofagasta plc in a research note on Tuesday. They now have a GBX 900 ($15.14) price target on the stock. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Antofagasta plc in a research note on Monday. They now have a GBX 1,000 ($16.83) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Antofagasta plc in a research note on Thursday, July 31st. They now have a GBX 730 ($12.28) price target on the stock. Nine investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the stock. Antofagasta plc has a consensus rating of “Hold” and a consensus target price of GBX 827.93 ($13.93).
Antofagasta plc (LON:ANTO) traded down 1.95% on Thursday, hitting GBX 806.4999. 1,407,088 shares of the company’s stock traded hands. Antofagasta plc has a one year low of GBX 733.00 and a one year high of GBX 985.0001. The stock has a 50-day moving average of GBX 805.3 and a 200-day moving average of GBX 825.7. The company’s market cap is £7.951 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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