Antofagasta plc (LON:ANTO) Receives GBX 2,176.43 Consensus PT from Analysts

Shares of Antofagasta plc (LON:ANTO) have earned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,176.43 ($27.37).

Several research analysts recently weighed in on ANTO shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,065 ($25.97) target price on shares of Antofagasta in a report on Thursday, January 16th. JPMorgan Chase & Co. increased their target price on Antofagasta from GBX 1,600 ($20.12) to GBX 2,400 ($30.18) and gave the stock an “overweight” rating in a research report on Wednesday, February 19th. Finally, Citigroup decreased their target price on Antofagasta from GBX 2,800 ($35.21) to GBX 2,500 ($31.44) and set a “buy” rating on the stock in a research note on Thursday, December 12th.

Antofagasta Stock Performance

Shares of LON ANTO opened at GBX 1,733.50 ($21.80) on Wednesday. The stock has a market cap of £21.36 billion, a PE ratio of 27.94, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00. Antofagasta has a 1 year low of GBX 1,567.50 ($19.71) and a 1 year high of GBX 2,425 ($30.50). The firm has a fifty day moving average price of GBX 1,719.05 and a 200-day moving average price of GBX 1,769.70. The company has a debt-to-equity ratio of 65.33, a current ratio of 2.14 and a quick ratio of 2.78.

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.