Antofagasta (LON:ANTO - Get Free Report)'s stock had its "underweight" rating reissued by stock analysts at JPMorgan Chase & Co. in a research report issued on Friday, MarketBeat.com reports.
Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Antofagasta from GBX 2,100 ($26.33) to GBX 2,000 ($25.07) and set a "hold" rating for the company in a research report on Monday, September 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Antofagasta presently has a consensus rating of "Hold" and a consensus target price of GBX 1,948.57 ($24.43).
View Our Latest Research Report on Antofagasta
Antofagasta Price Performance
Shares of ANTO stock traded down GBX 25 ($0.31) during mid-day trading on Friday, hitting GBX 1,664.50 ($20.87). The company had a trading volume of 681,517 shares, compared to its average volume of 1,961,743. The company has a market capitalization of £16.41 billion, a P/E ratio of 2,821.19, a P/E/G ratio of -1.08 and a beta of 1.00. The stock's 50 day moving average price is GBX 1,808.53 and its 200-day moving average price is GBX 1,969.33. Antofagasta has a 52-week low of GBX 1,385.50 ($17.37) and a 52-week high of GBX 2,425 ($30.40). The company has a debt-to-equity ratio of 47.84, a current ratio of 2.14 and a quick ratio of 2.78.
About Antofagasta
(
Get Free Report)
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.
See Also
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
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
