Antofagasta plc (LON:ANTO) Receives Average Rating of “Hold” from Analysts

Antofagasta plc (LON:ANTO) has been assigned a consensus rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 2,005.71 ($24.49).

A number of equities research analysts have recently commented on ANTO shares. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd. Citigroup cut their price target on Antofagasta from GBX 2,800 ($34.19) to GBX 2,500 ($30.53) and set a “buy” rating for the company in a report on Thursday, December 12th.

Antofagasta Trading Down 1.4 %

Antofagasta stock opened at GBX 1,693.50 ($20.68) on Tuesday. The stock has a market cap of £16.70 billion, a PE ratio of 2,870.34, a P/E/G ratio of -1.08 and a beta of 1.00. The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 47.84. The stock has a 50-day moving average price of GBX 1,684.22 and a 200 day moving average price of GBX 1,840.96. Antofagasta has a 52 week low of GBX 1,538 ($18.78) and a 52 week high of GBX 2,425 ($29.61).

About Antofagasta

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.