Antofagasta plc Rating Reiterated by Sanford C. Bernstein (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “market perform” rating restated by investment analysts at Sanford C. Bernstein in a note issued to investors on Friday. They currently have a GBX 900 ($15.10) price objective on the stock. Sanford C. Bernstein’s target price would suggest a potential upside of 11.25% from the company’s current price.
ANTO has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Antofagasta plc in a research note on Tuesday. They now have a GBX 700 ($11.74) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Antofagasta plc in a research note on Thursday, August 7th. They now have a GBX 1,000 ($16.78) 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. Nine equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 827.93 ($13.89).
Shares of Antofagasta plc (LON:ANTO) opened at 815.50 on Friday. Antofagasta plc has a 1-year low of GBX 733.00 and a 1-year high of GBX 963.00. The stock’s 50-day moving average is GBX 811.3 and its 200-day moving average is GBX 825.. The company’s market cap is £8.040 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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