Antofagasta plc (LON:ANTO) Receives GBX 2,005.71 Consensus PT from Analysts

Antofagasta plc (LON:ANTO) has earned an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,005.71 ($24.68).

ANTO has been the topic of a number of research reports. Citigroup cut their price objective on shares of Antofagasta from GBX 2,800 ($34.45) to GBX 2,500 ($30.76) and set a “buy” rating on the stock in a research note on Thursday, December 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Antofagasta in a research report on Friday, November 22nd.

Antofagasta Price Performance

Shares of LON:ANTO opened at GBX 1,718 ($21.14) on Tuesday. Antofagasta has a twelve month low of GBX 1,538 ($18.92) and a twelve month high of GBX 2,425 ($29.84). The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 47.84. The company has a market cap of £16.94 billion, a PE ratio of 2,911.86, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00. The company’s 50 day moving average is GBX 1,686.23 and its 200 day moving average is GBX 1,844.94.

About Antofagasta

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.