Antofagasta plc (LON:ANTO - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,719.75 ($23.33) and traded as high as GBX 1,791 ($24.30). Antofagasta shares last traded at GBX 1,791 ($24.30), with a volume of 1,060,537 shares.
Analyst Ratings Changes
A number of research analysts have issued reports on the company. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 2,125 ($28.83) target price on shares of Antofagasta in a research note on Monday, March 3rd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 2,100 ($28.49) price target on shares of Antofagasta in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 2,400 ($32.56) target price on shares of Antofagasta in a report on Friday, March 28th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Antofagasta has an average rating of "Moderate Buy" and a consensus price target of GBX 2,244.29 ($30.45).
View Our Latest Stock Analysis on Antofagasta
Antofagasta Stock Performance
The company has a debt-to-equity ratio of 65.33, a current ratio of 2.14 and a quick ratio of 2.78. The stock has a fifty day simple moving average of GBX 1,708.78 and a two-hundred day simple moving average of GBX 1,719.75. The firm has a market capitalization of £22.07 billion, a P/E ratio of 28.87, a P/E/G ratio of -1.08 and a beta of 1.00.
About Antofagasta
(
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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.
See Also
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