Shares of Antofagasta plc (LON:ANTO - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,709.95 ($23.22) and traded as high as GBX 1,871.50 ($25.41). Antofagasta shares last traded at GBX 1,850 ($25.12), with a volume of 749,266 shares.
Analyst Ratings Changes
Several brokerages have recently commented on ANTO. Berenberg Bank restated a "buy" rating and issued a GBX 2,100 ($28.52) price objective on shares of Antofagasta in a report on Wednesday, April 16th. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 2,400 ($32.59) price objective on shares of Antofagasta in a report on Friday, March 28th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a GBX 2,125 ($28.86) price objective on shares of Antofagasta in a report on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Antofagasta currently has an average rating of "Moderate Buy" and a consensus target price of GBX 2,244.29 ($30.48).
View Our Latest Analysis on Antofagasta
Antofagasta Stock Performance
The firm's 50 day moving average is GBX 1,663.35 and its two-hundred day moving average is GBX 1,709.95. The stock has a market capitalization of £23.99 billion, a PE ratio of 31.39, a P/E/G ratio of -1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 65.33, a quick ratio of 2.78 and a current ratio of 2.14.
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.
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