BNP Paribas Reaffirms “Neutral” Rating for Antofagasta plc (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “neutral” rating reissued by equities research analysts at BNP Paribas in a research note issued to investors on Thursday. They currently have a GBX 860 ($14.23) price objective on the stock. BNP Paribas’ price objective suggests a potential upside of 6.44% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Antofagasta plc in a research note on Wednesday. They now have a GBX 750 ($12.41) price target on the stock. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of Antofagasta plc in a research note on Wednesday. They now have a GBX 715 ($11.83) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Antofagasta plc in a research note on Wednesday. They now have a GBX 730 ($12.08) price target on the stock. Nine research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the stock. Antofagasta plc currently has an average rating of “Hold” and an average price target of GBX 821.46 ($13.59).
Antofagasta plc (LON:ANTO) traded down 2.23% on Thursday, hitting GBX 790.00. 1,604,467 shares of the company’s stock traded hands. 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 817.2 and a 200-day moving average of GBX 822.4. The company’s market cap is £7.788 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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