Antofagasta (LON:ANTO) Earns “Hold” Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their hold rating on shares of Antofagasta (LON:ANTO) in a research report report published on Wednesday morning, Digital Look reports. The firm currently has a GBX 2,065 ($26.78) price objective on the mining company’s stock.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. lifted their price objective on shares of Antofagasta from GBX 1,700 ($22.05) to GBX 1,850 ($23.99) and gave the company an underweight rating in a research report on Wednesday, July 3rd. Barclays dropped their price target on shares of Antofagasta from GBX 1,725 ($22.37) to GBX 1,685 ($21.85) and set an underweight rating on the stock in a research report on Tuesday, May 7th. Bank of America reiterated a buy rating and issued a GBX 2,520 ($32.68) target price on shares of Antofagasta in a report on Wednesday, June 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a hold rating and issued a GBX 1,500 ($19.45) target price on shares of Antofagasta in a research report on Thursday, April 18th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus target price of GBX 1,833.75 ($23.78).

Antofagasta Trading Up 1.2 %

LON ANTO opened at GBX 1,922 ($24.93) on Wednesday. Antofagasta has a 12 month low of GBX 1,280 ($16.60) and a 12 month high of GBX 2,425 ($31.45). The company’s fifty day moving average price is GBX 2,163.93 and its two-hundred day moving average price is GBX 1,992.83. The company has a debt-to-equity ratio of 33.86, a current ratio of 2.37 and a quick ratio of 2.78. The company has a market capitalization of £18.95 billion, a price-to-earnings ratio of 2,868.66, a price-to-earnings-growth ratio of -1.08 and a beta of 1.12.

Antofagasta Company Profile

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile.