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Antofagasta plc (LON:ANTO) Receives Average Rating of "Moderate Buy" from Brokerages

Antofagasta logo with Basic Materials background

Antofagasta plc (LON:ANTO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,244.29 ($30.36).

ANTO has been the subject of several recent research reports. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 2,400 ($32.47) price target on shares of Antofagasta in a report on Friday, March 28th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 2,100 ($28.41) target price on shares of Antofagasta in a research note on Wednesday, April 16th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a GBX 2,125 ($28.75) price target on shares of Antofagasta in a research report on Monday, March 3rd.

Check Out Our Latest Stock Analysis on ANTO

Antofagasta Price Performance

ANTO stock traded down GBX 52 ($0.70) during mid-day trading on Friday, reaching GBX 1,895.50 ($25.64). The company's stock had a trading volume of 1,171,105 shares, compared to its average volume of 3,270,940. The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 65.33. The company's 50 day moving average is GBX 1,668.89 and its two-hundred day moving average is GBX 1,711.57. Antofagasta has a fifty-two week low of GBX 1,278 ($17.29) and a fifty-two week high of GBX 2,239 ($30.29). The stock has a market cap of £23.35 billion, a PE ratio of 30.56, a P/E/G ratio of -1.08 and a beta of 1.00.

Antofagasta Company Profile

(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.

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Analyst Recommendations for Antofagasta (LON:ANTO)

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