Antofagasta plc Receives Sell Rating from Societe Generale (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “sell” rating reissued by equities research analysts at Societe Generale in a research note issued to investors on Wednesday. They currently have a GBX 715 ($11.83) price target on the stock. Societe Generale’s price objective indicates a potential downside of 10.46% from the stock’s previous close.
A number of other analysts have also recently weighed in on ANTO. 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 ($12.08) price target on the stock. Separately, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Antofagasta plc in a research note on Tuesday. They now have a GBX 800 ($13.24) price target on the stock. Finally, analysts at Investec reiterated a “sell” rating on shares of Antofagasta plc in a research note on Tuesday. Nine analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 827.93 ($13.70).
Shares of Antofagasta plc (LON:ANTO) opened at 810.4999 on Wednesday. Antofagasta plc has a 52-week low of GBX 733.00 and a 52-week high of GBX 959.50. The stock has a 50-day moving average of GBX 817.4 and a 200-day moving average of GBX 823.0. The company’s market cap is £7.990 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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