Antofagasta plc Given Consensus Rating of “Hold” by Brokerages (LON:ANTO)
Shares of Antofagasta plc (LON:ANTO) have earned an average recommendation of “Hold” from the twenty-six ratings firms that are presently covering the stock, Stock Ratings News reports. Nine investment analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 827.93 ($13.89).
Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Antofagasta plc in a research note on Thursday. They now have a GBX 1,000 ($16.78) 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 Tuesday, August 5th. They now have a GBX 900 ($15.10) price target on the stock. Finally, analysts at Bank of America reiterated a “buy” rating on shares of Antofagasta plc in a research note on Monday, August 4th. They now have a GBX 1,000 ($16.78) price target on the stock.
Shares of Antofagasta plc (LON:ANTO) opened at 806.4999 on Thursday. 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 806.6 and a 200-day moving average of GBX 825.6. 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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