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

Antofagasta plc (LON:ANTO - Get Free Report) has received a consensus recommendation of "Hold" from the seven brokerages that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 2,005.71 ($25.32).

A number of analysts have issued reports on the company. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Antofagasta in a research report on Friday, November 22nd. Citigroup decreased their price target on shares of Antofagasta from GBX 2,800 ($35.34) to GBX 2,500 ($31.55) and set a "buy" rating for the company in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Antofagasta from GBX 2,100 ($26.51) to GBX 2,000 ($25.24) and set a "hold" rating on the stock in a research report on Monday, September 9th.

Antofagasta Price Performance

The company has a fifty day moving average price of GBX 1,791.29 and a 200 day moving average price of GBX 1,921.73. The stock has a market cap of £16.64 billion, a PE ratio of 2,885.59, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 47.84, a quick ratio of 2.78 and a current ratio of 2.14. Antofagasta has a one year low of GBX 1,538 ($19.41) and a one year high of GBX 2,425 ($30.61).

About Antofagasta

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.