Antofagasta plc (LON:ANTO - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,708.40 ($22.82) and traded as high as GBX 1,823 ($24.35). Antofagasta shares last traded at GBX 1,800 ($24.04), with a volume of 571,448 shares.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on ANTO. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 2,125 ($28.38) price target on shares of Antofagasta in a research note on Monday, March 3rd. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 2,400 ($32.06) price target on shares of Antofagasta in a research note on Friday, March 28th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 2,100 ($28.05) price target on shares of Antofagasta in a research note on Wednesday, April 16th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 2,244.29 ($29.98).
Check Out Our Latest Report on Antofagasta
Antofagasta Trading Down 0.9%
The company has a debt-to-equity ratio of 65.33, a quick ratio of 2.78 and a current ratio of 2.14. The company has a 50 day simple moving average of GBX 1,681.40 and a two-hundred day simple moving average of GBX 1,708.40. The company has a market cap of £21.98 billion, a PE ratio of 28.76, a PEG ratio of -1.08 and a beta of 1.00.
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.
Further Reading
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