Antofagasta plc (LON:ANTO)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Barclays PLC in a research report issued on Friday. They presently have a GBX 790 ($10.23) price objective on the mining company’s stock. Barclays PLC’s target price would indicate a potential downside of 7.98% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Deutsche Bank AG increased their price target on shares of Antofagasta plc from GBX 700 ($9.07) to GBX 800 ($10.36) and gave the company a ” hold” rating in a report on Friday, March 17th. Citigroup Inc. lowered their target price on shares of Antofagasta plc from GBX 1,030 ($13.34) to GBX 1,000 ($12.95) and set a “buy” rating on the stock in a report on Friday, March 17th. Jefferies Group LLC raised their target price on shares of Antofagasta plc from GBX 700 ($9.07) to GBX 800 ($10.36) and gave the stock a “hold” rating in a report on Thursday, March 23rd. Peel Hunt raised their target price on shares of Antofagasta plc from GBX 800 ($10.36) to GBX 865 ($11.20) and gave the stock a “hold” rating in a report on Friday, March 17th. Finally, HSBC Holdings plc lowered their target price on shares of Antofagasta plc from GBX 760 ($9.84) to GBX 750 ($9.72) and set a “hold” rating on the stock in a report on Thursday, March 16th. Ten investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 704.79 ($9.13).

Antofagasta plc (ANTO) opened at 858.50 on Friday. Antofagasta plc has a 52 week low of GBX 449.60 and a 52 week high of GBX 905.41. The company’s 50-day moving average price is GBX 796.44 and its 200 day moving average price is GBX 791.11. The company’s market capitalization is GBX 8.46 billion.

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Antofagasta plc Company Profile

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.

Analyst Recommendations for Antofagasta plc (LON:ANTO)

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