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

Antofagasta plc (LON:ANTO) has earned a consensus recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 2,013.13 ($25.05).

ANTO has been the topic of a number of research reports. Citigroup decreased their price objective on Antofagasta from GBX 2,800 ($34.83) to GBX 2,500 ($31.10) and set a “buy” rating on the stock in a report on Thursday, December 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Antofagasta in a research note on Friday, November 22nd. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,065 ($25.69) price objective on shares of Antofagasta in a report on Thursday, January 16th.

Antofagasta Stock Down 2.6 %

Shares of ANTO opened at GBX 1,681 ($20.91) 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 firm has a market cap of £16.57 billion, a P/E ratio of 2,849.15, a PEG ratio of -1.08 and a beta of 1.00. The stock’s 50 day moving average is GBX 1,682.22 and its two-hundred day moving average is GBX 1,799.63. Antofagasta has a 12 month low of GBX 1,567.50 ($19.50) and a 12 month high of GBX 2,425 ($30.17).

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.