Antofagasta plc (LON:ANTO) Receives Average Recommendation of “Hold” from Analysts

Antofagasta plc (LON:ANTO) has earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 2,005.71 ($24.54).

Several equities research analysts have recently issued reports on ANTO shares. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Antofagasta in a research report on Friday, November 22nd. Citigroup lowered their target price on Antofagasta from GBX 2,800 ($34.26) to GBX 2,500 ($30.59) and set a “buy” rating for the company in a report on Thursday, December 12th.

Antofagasta Price Performance

Shares of ANTO stock opened at GBX 1,702.50 ($20.83) on Tuesday. The firm has a market capitalization of £16.78 billion, a price-to-earnings ratio of 2,885.59, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00. Antofagasta has a 12-month low of GBX 1,538 ($18.82) and a 12-month high of GBX 2,425 ($29.67). The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 47.84. The firm has a fifty day moving average of GBX 1,684.22 and a 200-day moving average of GBX 1,840.96.

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.