Antofagasta plc (LON:ANTO) Receives GBX 2,013.13 Average Target Price from Analysts

Shares of Antofagasta plc (LON:ANTO) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 2,013.13 ($25.05).

Several equities research analysts have recently issued reports on ANTO shares. Citigroup dropped their price objective on shares of Antofagasta from GBX 2,800 ($34.83) to GBX 2,500 ($31.10) and set a “buy” rating for the company in a research report on Thursday, December 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Antofagasta in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 2,065 ($25.69) price objective on shares of Antofagasta in a research report on Thursday, January 16th.

Antofagasta Stock Down 2.6 %

ANTO stock opened at GBX 1,681 ($20.91) on Friday. Antofagasta has a one year low of GBX 1,567.50 ($19.50) and a one year high of GBX 2,425 ($30.17). The company has a 50 day moving average price of GBX 1,682.22 and a two-hundred day moving average price of GBX 1,799.63. The company has a debt-to-equity ratio of 47.84, a quick ratio of 2.78 and a current ratio of 2.14. The stock has a market capitalization of £16.57 billion, a P/E ratio of 2,849.15, a PEG ratio of -1.08 and a beta of 1.00.

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.