Analysts Set Antofagasta plc (LON:ANTO) Target Price at GBX 2,013.13

Shares of Antofagasta plc (LON:ANTO) have earned a consensus rating of “Hold” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 2,013.13 ($25.17).

A number of research analysts have recently issued reports on ANTO shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd. Citigroup lowered their price target on Antofagasta from GBX 2,800 ($35.00) to GBX 2,500 ($31.25) and set a “buy” rating on the stock in a report on Thursday, December 12th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 2,065 ($25.82) target price on shares of Antofagasta in a report on Thursday, January 16th.

Antofagasta Trading Up 3.9 %

LON ANTO opened at GBX 1,761.21 ($22.02) on Friday. Antofagasta has a 12 month low of GBX 1,567.50 ($19.60) and a 12 month high of GBX 2,425 ($30.32). The stock has a market cap of £17.36 billion, a P/E ratio of 2,985.09, a P/E/G ratio of -1.08 and a beta of 1.00. The stock’s fifty day moving average price is GBX 1,683.02 and its 200-day moving average price is GBX 1,792.90. The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 47.84.

Antofagasta Company Profile

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.