Antofagasta (LON:ANTO) Earns “Underweight” Rating from JPMorgan Chase & Co.

Antofagasta (LON:ANTO)‘s stock had its “underweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Friday,Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on Antofagasta from GBX 2,100 ($26.44) to GBX 2,000 ($25.18) and set a “hold” rating on the stock in a research note on Monday, September 9th. 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. According to data from MarketBeat, Antofagasta presently has a consensus rating of “Hold” and an average target price of GBX 1,948.57 ($24.53).

Antofagasta Stock Up 0.0 %

Shares of LON:ANTO opened at GBX 1,690 ($21.28) on Friday. 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 capitalization of £16.66 billion, a price-to-earnings ratio of 2,872.03, a PEG ratio of -1.08 and a beta of 1.00. The business has a 50-day moving average price of GBX 1,808.79 and a 200 day moving average price of GBX 1,973. Antofagasta has a 12-month low of GBX 1,385.50 ($17.44) and a 12-month high of GBX 2,425 ($30.53).

Antofagasta Company Profile

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.