Antofagasta plc Earns Market Perform Rating from Sanford C. Bernstein (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “market perform” rating restated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Monday. They currently have a GBX 900 ($14.94) price objective on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 14.58% from the company’s current price.
A number of other firms have also recently commented on ANTO. Analysts at Jefferies Group reiterated a “buy” rating on shares of Antofagasta plc in a research note on Friday. They now have a GBX 1,000 ($16.59) price target on the stock. Separately, 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 ($14.27) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Antofagasta plc in a research note on Wednesday, August 27th. They now have a GBX 750 ($12.45) price target on the stock. Eight investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 821.98 ($13.64).
Antofagasta plc (LON:ANTO) opened at 784.00 on Monday. Antofagasta plc has a 1-year low of GBX 733.00 and a 1-year high of GBX 959.50. The stock’s 50-day moving average is GBX 815.8 and its 200-day moving average is GBX 821.9. The company’s market cap is £7.729 billion.
Antofagasta plc (LON:ANTO) is a Chile-based copper mining company with interests in transport and water distribution.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.