Antofagasta plc Receives Buy Rating from Jefferies Group (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group in a research note issued on Friday. They currently have a GBX 1,000 ($16.55) price objective on the stock. Jefferies Group’s price target indicates a potential upside of 26.58% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Antofagasta plc in a research note on Thursday. They now have a GBX 860 ($14.23) price target on the stock. Separately, 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. Finally, 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. Nine equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the stock. Antofagasta plc has a consensus rating of “Hold” and an average target price of GBX 821.46 ($13.59).
Shares of Antofagasta plc (LON:ANTO) traded down 1.33% on Friday, hitting GBX 779.50. 828,639 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 959.50. The stock’s 50-day moving average is GBX 816.6 and its 200-day moving average is GBX 822.2. The company’s market cap is £7.685 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
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