Antofagasta plc (LON:ANTO - Get Free Report) has been assigned a consensus rating of "Hold" from the seven ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,176.43 ($27.37).
A number of research firms have recently commented on ANTO. JPMorgan Chase & Co. boosted their price objective on Antofagasta from GBX 1,600 ($20.12) to GBX 2,400 ($30.18) and gave the stock an "overweight" rating in a research note on Wednesday, February 19th. Citigroup dropped their price objective on Antofagasta from GBX 2,800 ($35.21) to GBX 2,500 ($31.44) and set a "buy" rating on the stock in a research note on Thursday, December 12th. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 2,065 ($25.97) price objective on shares of Antofagasta in a research note on Thursday, January 16th.
Check Out Our Latest Stock Analysis on ANTO
Antofagasta Stock Performance
Antofagasta stock traded down GBX 43.50 ($0.55) during mid-day trading on Wednesday, hitting GBX 1,733.50 ($21.80). 2,468,358 shares of the company's stock traded hands, compared to its average volume of 2,512,763. The firm has a 50 day moving average price of GBX 1,719.05 and a 200 day moving average price of GBX 1,769.70. The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 65.33. The company has a market cap of £21.36 billion, a PE ratio of 27.94, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00. Antofagasta has a one year low of GBX 1,567.50 ($19.71) and a one year high of GBX 2,425 ($30.50).
About Antofagasta
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Get Free ReportAntofagasta 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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