Antofagasta plc (LON:ANTO - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,921.29 ($25.90) and traded as high as GBX 2,747 ($37.03). Antofagasta shares last traded at GBX 2,698 ($36.37), with a volume of 1,029,702 shares.
Wall Street Analyst Weigh In
ANTO has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Antofagasta from GBX 1,950 to GBX 2,000 and gave the company a "hold" rating in a research report on Monday, August 4th. Citigroup restated a "buy" rating and issued a GBX 2,300 target price on shares of Antofagasta in a research note on Friday, August 15th. Royal Bank Of Canada reiterated a "sector perform" rating and set a GBX 1,700 price target on shares of Antofagasta in a research report on Thursday, July 24th. Berenberg Bank raised their price target on Antofagasta from GBX 2,100 to GBX 2,200 and gave the stock a "buy" rating in a report on Thursday, August 14th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 2,500 target price on shares of Antofagasta in a research report on Friday, August 15th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,137.50.
View Our Latest Stock Analysis on ANTO
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 moving average price of GBX 2,233.11 and a two-hundred day moving average price of GBX 1,921.29. The company has a market cap of £26.42 billion, a P/E ratio of 2,421.16, a PEG ratio of -1.08 and a beta of 1.00.
Antofagasta Company Profile
(
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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.
Further Reading
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