Antofagasta plc (LON:ANTO - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,708.40 ($23.12) and traded as high as GBX 1,823 ($24.67). Antofagasta shares last traded at GBX 1,800 ($24.36), with a volume of 571,448 shares traded.
Analyst Upgrades and Downgrades
ANTO has been the subject of a number of research analyst reports. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 2,125 ($28.76) target price on shares of Antofagasta in a research report on Monday, March 3rd. Berenberg Bank restated a "buy" rating and set a GBX 2,100 ($28.42) target price on shares of Antofagasta in a report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 2,400 ($32.48) target price on shares of Antofagasta in a report on Friday, March 28th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,244.29 ($30.37).
Read Our Latest Analysis on ANTO
Antofagasta Trading Up 1.3%
The firm has a market capitalization of £21.88 billion, a P/E ratio of 28.63, a P/E/G ratio of -1.08 and a beta of 1.00. The company's fifty day moving average is GBX 1,673.38 and its 200-day moving average is GBX 1,707.52. The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 65.33.
About Antofagasta
(
Get Free Report)
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.
Featured Stories
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
