Antofagasta plc (LON:ANTO) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Antofagasta plc (LON:ANTO - Get Free Report) have been given an average rating of "Moderate Buy" by the six analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,198.33 ($30.02).

Several equities analysts have commented on ANTO shares. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 2,400 ($32.77) price target on shares of Antofagasta in a research note on Friday, March 28th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,100 ($28.68) target price on shares of Antofagasta in a research report on Thursday.

Antofagasta Stock Up 0.9%

Antofagasta stock traded up GBX 18 ($0.25) during trading on Tuesday, reaching GBX 1,934 ($26.41). The stock had a trading volume of 1,712,867 shares, compared to its average volume of 2,947,073. The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 65.33. Antofagasta has a 52-week low of GBX 1,278 ($17.45) and a 52-week high of GBX 2,239 ($30.57). The stock has a market cap of £23.83 billion, a PE ratio of 31.18, a P/E/G ratio of -1.08 and a beta of 1.00. The business has a 50 day moving average price of GBX 1,779.91 and a 200 day moving average price of GBX 1,725.69.

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.