Antofagasta plc (LON:ANTO)‘s stock had its “sell” rating reissued by investment analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Monday. They currently have a GBX 650 ($8.49) target price on the mining company’s stock. Goldman Sachs Group, Inc. (The)’s target price would suggest a potential downside of 26.47% from the company’s previous close.

A number of other brokerages also recently weighed in on ANTO. Jefferies Group LLC lowered their target price on shares of Antofagasta plc from GBX 800 ($10.45) to GBX 700 ($9.14) and set a “hold” rating for the company in a research note on Thursday, June 8th. Barclays PLC reissued an “equal weight” rating and set a GBX 790 ($10.32) target price on shares of Antofagasta plc in a research note on Friday, July 14th. Liberum Capital reissued a “sell” rating and set a GBX 400 ($5.22) target price on shares of Antofagasta plc in a research note on Wednesday, May 10th. Deutsche Bank AG reissued a “sell” rating on shares of Antofagasta plc in a research note on Thursday, June 22nd. Finally, Macquarie reissued a “neutral” rating and set a GBX 850 ($11.10) target price on shares of Antofagasta plc in a research note on Monday, June 19th. Nine equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 719.17 ($9.39).

Shares of Antofagasta plc (LON ANTO) traded down 0.62% during trading on Monday, hitting GBX 881.00. 1,709,289 shares of the stock traded hands. The firm’s market capitalization is GBX 8.69 billion. Antofagasta plc has a 1-year low of GBX 470.40 and a 1-year high of GBX 905.41. The firm has a 50-day moving average of GBX 813.67 and a 200-day moving average of GBX 807.97.

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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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