Barclays PLC reissued their equal weight rating on shares of Antofagasta plc (LON:ANTO) in a report released on Friday morning. They currently have a GBX 790 ($10.32) price objective on the mining company’s stock.
A number of other research analysts have also weighed in on the stock. Deutsche Bank AG reaffirmed a sell rating and issued a GBX 700 ($9.14) price target on shares of Antofagasta plc in a research note on Thursday, July 13th. Berenberg Bank reaffirmed a sell rating and issued a GBX 650 ($8.49) price target on shares of Antofagasta plc in a research note on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) reaffirmed a sell rating and issued a GBX 650 ($8.49) price target on shares of Antofagasta plc in a research note on Wednesday, July 5th. Macquarie reaffirmed a neutral rating and issued a GBX 850 ($11.10) price target on shares of Antofagasta plc in a research note on Monday, June 19th. Finally, Credit Suisse Group raised their price target on shares of Antofagasta plc from GBX 550 ($7.18) to GBX 570 ($7.44) and gave the company an underperform rating in a research note on Wednesday, June 14th. Ten analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of GBX 704.79 ($9.20).
Shares of Antofagasta plc (LON:ANTO) traded up 0.74% during trading on Friday, hitting GBX 884.50. The stock had a trading volume of 2,223,000 shares. The firm has a 50 day moving average price of GBX 796.44 and a 200 day moving average price of GBX 791.11. The firm’s market cap is GBX 8.72 billion. Antofagasta plc has a 12-month low of GBX 470.40 and a 12-month 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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