Antofagasta plc (ANTO) Receives Consensus Rating of “Hold” from Brokerages
Shares of Antofagasta plc (LON:ANTO) have been assigned an average recommendation of “Hold” from the nineteen analysts that are currently covering the stock, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 698.88 ($8.89).
A number of brokerages have recently commented on ANTO. Credit Suisse Group lifted their price target on shares of Antofagasta plc from GBX 550 ($7.00) to GBX 570 ($7.25) and gave the stock an “underperform” rating in a report on Wednesday, June 14th. Macquarie reiterated a “neutral” rating and set a GBX 850 ($10.81) price target on shares of Antofagasta plc in a report on Monday, June 19th. Peel Hunt lifted their price target on shares of Antofagasta plc from GBX 865 ($11.00) to GBX 875 ($11.13) and gave the stock a “hold” rating in a report on Monday, April 24th. Jefferies Group LLC cut their price target on shares of Antofagasta plc from GBX 800 ($10.18) to GBX 700 ($8.90) and set a “hold” rating on the stock in a report on Thursday, June 8th. Finally, Barclays PLC lifted their price target on shares of Antofagasta plc from GBX 650 ($8.27) to GBX 790 ($10.05) and gave the stock an “equal weight” rating in a report on Friday, April 21st.
Antofagasta plc (ANTO) traded up 3.13% on Tuesday, hitting GBX 774.50. The stock had a trading volume of 2,033,924 shares. The firm’s market capitalization is GBX 7.64 billion. The company’s 50 day moving average is GBX 794.11 and its 200-day moving average is GBX 789.74. Antofagasta plc has a 1-year low of GBX 408.10 and a 1-year high of GBX 905.41.
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About Antofagasta plc
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
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