Antofagasta plc (LON:ANTO) Receives GBX 2,005.71 Consensus Target Price from Analysts

Antofagasta plc (LON:ANTO) has received a consensus recommendation of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 2,005.71 ($25.32).

ANTO has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Antofagasta from GBX 2,100 ($26.52) to GBX 2,000 ($25.25) and set a “hold” rating for the company in a research note on Monday, September 9th. Citigroup reduced their price objective on Antofagasta from GBX 2,800 ($35.35) to GBX 2,500 ($31.57) and set a “buy” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd.

Antofagasta Stock Performance

Shares of LON ANTO opened at GBX 1,688 ($21.31) on Friday. The company has a market cap of £16.64 billion, a P/E ratio of 2,885.59, a P/E/G ratio of -1.08 and a beta of 1.00. Antofagasta has a 52-week low of GBX 1,538 ($19.42) and a 52-week high of GBX 2,425 ($30.62). 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 firm’s fifty day moving average is GBX 1,791.29 and its two-hundred day moving average is GBX 1,921.73.

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.