Antofagasta’s (ANTO) Underweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their underweight rating on shares of Antofagasta (LON:ANTO) in a report released on Friday morning, MarketBeat Ratings reports.

Separately, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Antofagasta from GBX 2,100 ($26.38) to GBX 2,000 ($25.12) and set a “hold” rating on the stock in a research report on Monday, September 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of GBX 1,948.57 ($24.47).

Antofagasta Price Performance

LON:ANTO opened at GBX 1,671.50 ($20.99) on Friday. The stock has a 50-day simple moving average of GBX 1,809.05. The stock has a market cap of £16.48 billion, a P/E ratio of 2,833.05, a PEG ratio of -1.08 and a beta of 1.00. The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 47.84. Antofagasta has a 1-year low of GBX 1,385.50 ($17.40) and a 1-year high of GBX 2,425 ($30.46).

About Antofagasta

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.