BNP Paribas reaffirmed their neutral rating on shares of Antofagasta plc (LON:ANTO) in a research note issued to investors on Thursday. The firm currently has a GBX 545 ($7.11) price target on the mining company’s stock.
A number of other equities research analysts have also issued reports on the stock. Deutsche Bank AG raised their price target on shares of Antofagasta plc from GBX 575 ($7.51) to GBX 610 ($7.96) and gave the stock a hold rating in a report on Wednesday. Barclays PLC raised their price target on shares of Antofagasta plc from GBX 410 ($5.35) to GBX 460 ($6.00) and gave the stock an equal weight rating in a report on Wednesday, September 21st. Macquarie reissued an underperform rating and issued a GBX 400 ($5.22) price target on shares of Antofagasta plc in a report on Tuesday, September 20th. Haitong Bank lowered shares of Antofagasta plc to a neutral rating and cut their price target for the stock from GBX 484 ($6.32) to GBX 470 ($6.13) in a report on Monday, September 19th. Finally, Liberum Capital reissued a sell rating and issued a GBX 510 ($6.66) price target on shares of Antofagasta plc in a report on Thursday, August 25th. Ten research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 482.81 ($6.30).
Antofagasta plc (LON:ANTO) traded up 2.52% during midday trading on Thursday, hitting GBX 550.00. 4,874,927 shares of the company were exchanged. The firm’s market capitalization is GBX 5.42 billion. Antofagasta plc has a 1-year low of GBX 340.60 and a 1-year high of GBX 610.50. The stock has a 50 day moving average of GBX 516.94 and a 200 day moving average of GBX 475.55.
About Antofagasta plc
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
Receive News & Ratings for Antofagasta plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta plc and related companies with MarketBeat.com's FREE daily email newsletter.