Antofagasta plc (LON:ANTO) Receives GBX 2,005.71 Consensus Price Target from Brokerages

Shares of Antofagasta plc (LON:ANTO) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 2,005.71 ($24.49).

Several research firms recently issued reports on ANTO. Citigroup cut their price target on shares of 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. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd.

Antofagasta Stock Performance

Shares of ANTO opened at GBX 1,693.50 ($20.68) on Tuesday. Antofagasta has a 1 year low of GBX 1,538 ($18.78) and a 1 year high of GBX 2,425 ($29.61). The stock has a market capitalization of £16.70 billion, a P/E ratio of 2,870.34, a P/E/G ratio of -1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 47.84, a quick ratio of 2.78 and a current ratio of 2.14. The company’s fifty day moving average is GBX 1,684.22 and its two-hundred day moving average is GBX 1,840.96.

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.