Antofagasta plc (ANTO) PT Raised to GBX 1,000 at Jefferies Group LLC
Antofagasta plc (LON:ANTO) had its target price lifted by analysts at Jefferies Group LLC from GBX 800 ($10.39) to GBX 1,000 ($12.98) in a report released on Thursday, MarketBeat reports. The firm currently has a “hold” rating on the mining company’s stock. Jefferies Group LLC’s price target would indicate a potential downside of 2.15% from the company’s previous close.
A number of other research firms also recently commented on ANTO. Citigroup Inc. restated a “buy” rating and set a GBX 1,100 ($14.28) price target on shares of Antofagasta plc in a research report on Thursday. HSBC Holdings plc boosted their price target on shares of Antofagasta plc from GBX 720 ($9.35) to GBX 730 ($9.48) and gave the stock a “reduce” rating in a research report on Wednesday. J P Morgan Chase & Co dropped their price target on shares of Antofagasta plc from GBX 740 ($9.61) to GBX 670 ($8.70) and set an “underweight” rating on the stock in a research report on Wednesday. Deutsche Bank AG boosted their price target on shares of Antofagasta plc from GBX 700 ($9.09) to GBX 800 ($10.39) and gave the stock a “sell” rating in a research report on Wednesday. Finally, Liberum Capital boosted their price target on shares of Antofagasta plc from GBX 400 ($5.19) to GBX 420 ($5.45) and gave the stock a “sell” rating in a research report on Tuesday, August 22nd. Nine analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. Antofagasta plc currently has an average rating of “Hold” and an average target price of GBX 744.72 ($9.67).
Antofagasta plc (LON ANTO) traded up 0.79% during midday trading on Thursday, hitting GBX 1022.00. The stock had a trading volume of 2,743,304 shares. The stock’s market cap is GBX 10.08 billion. The stock has a 50 day moving average of GBX 922.07 and a 200 day moving average of GBX 841.08. Antofagasta plc has a 12 month low of GBX 473.00 and a 12 month high of GBX 1,042.00.
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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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