Antofagasta plc (LON:ANTO - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,777.14 ($22.45) and traded as high as GBX 1,905 ($24.07). Antofagasta shares last traded at GBX 1,846.13 ($23.32), with a volume of 1,073,789 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on ANTO shares. Citigroup cut their target price on shares of Antofagasta from GBX 2,800 ($35.38) to GBX 2,500 ($31.59) and set a "buy" rating for the company in a research report on Thursday, December 12th. JPMorgan Chase & Co. boosted their price objective on Antofagasta from GBX 1,600 ($20.21) to GBX 2,400 ($30.32) and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 2,065 ($26.09) price target on shares of Antofagasta in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of GBX 2,176.43 ($27.50).
Check Out Our Latest Research Report on ANTO
Antofagasta Stock Down 1.2 %
The company has a market capitalization of £22.49 billion, a P/E ratio of 29.43, a P/E/G ratio of -1.08 and a beta of 1.00. The business's fifty day moving average price is GBX 1,708.49 and its 200 day moving average price is GBX 1,775.24. The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 65.33.
Antofagasta Company Profile
(
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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.
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