Antofagasta plc (LON:ANTO) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts give Antofagasta a consensus rating of Hold from seven brokerages (1 sell, 3 hold, 3 buy) with an average 1‑year target of GBX 2,992.86.
• Shares were trading down about 3.1%, opening at GBX 3,738, with a market cap of £36.85bn, a PE of 27.73 and a 52‑week range of GBX 1,278–4,475.
• Recent fundamentals: quarterly EPS of GBX 129.30, ROE 10.67% and net margin 15.9%, alongside a relatively high debt‑to‑equity of 74.56 but strong liquidity (quick 2.78, current 2.90).

Shares of Antofagasta plc (LON:ANTO - Get Free Report) have earned an average rating of "Hold" from the seven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 2,992.86.

A number of brokerages have recently issued reports on ANTO. Morgan Stanley downgraded Antofagasta to an "underweight" rating and dropped their price target for the company from GBX 3,070 to GBX 3,050 in a research report on Tuesday, February 3rd. Canaccord Genuity Group cut shares of Antofagasta to a "hold" rating and upped their price objective for the stock from GBX 3,165 to GBX 4,100 in a research report on Wednesday, February 4th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 2,700 target price on shares of Antofagasta in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Antofagasta from GBX 2,300 to GBX 2,400 and gave the company a "hold" rating in a research report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. reissued an "overweight" rating on shares of Antofagasta in a research note on Thursday, February 5th.

Antofagasta Trading Down 3.1%

Shares of ANTO stock opened at GBX 3,738 on Friday. The company has a market capitalization of £36.85 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of -1.08 and a beta of 1.29. Antofagasta has a 52-week low of GBX 1,278 and a 52-week high of GBX 4,475. The business's fifty day moving average is GBX 3,708.74 and its 200 day moving average is GBX 3,018.56. The company has a debt-to-equity ratio of 74.56, a quick ratio of 2.78 and a current ratio of 2.90.

Antofagasta (LON:ANTO - Get Free Report) last posted its earnings results on Tuesday, February 17th. The mining company reported GBX 129.30 EPS for the quarter. Antofagasta had a return on equity of 10.67% and a net margin of 15.90%. On average, equities research analysts anticipate that Antofagasta will post 87.0403995 EPS for the current fiscal year.

Antofagasta Company Profile

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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