Antofagasta plc (LON:ANTO - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,765.32 ($22.87) and traded as high as GBX 1,813.05 ($23.49). Antofagasta shares last traded at GBX 1,808.50 ($23.43), with a volume of 5,165,578 shares.
Analyst Upgrades and Downgrades
A number of research firms have commented on ANTO. Citigroup reduced their price target on shares of Antofagasta from GBX 2,800 ($36.27) to GBX 2,500 ($32.38) and set a "buy" rating for the company in a report on Thursday, December 12th. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 2,400 ($31.09) price target on shares of Antofagasta in a report on Thursday, March 6th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a GBX 2,125 ($27.53) price target on shares of Antofagasta in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Antofagasta presently has an average rating of "Hold" and an average price target of GBX 2,185 ($28.30).
Get Our Latest Stock Analysis on ANTO
Antofagasta Price Performance
The stock has a market capitalization of £22.28 billion, a price-to-earnings ratio of 29.15, a PEG ratio of -1.08 and a beta of 1.00. The business's fifty day moving average price is GBX 1,750.19 and its 200-day moving average price is GBX 1,765.32. The company has a debt-to-equity ratio of 65.33, a current ratio of 2.14 and a quick ratio of 2.78.
About Antofagasta
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Antofagasta, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Antofagasta wasn't on the list.
While Antofagasta currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
