Brokerages Set Antofagasta plc (LON:ANTO) Price Target at GBX 2,005.71

Antofagasta plc (LON:ANTO) has earned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 2,005.71 ($25.50).

Several equities analysts have issued reports on ANTO shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Antofagasta from GBX 2,100 ($26.70) to GBX 2,000 ($25.43) and set a “hold” rating for the company in a research report on Monday, September 9th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Antofagasta in a research report on Friday, November 22nd. Finally, Citigroup decreased their price target on shares of Antofagasta from GBX 2,800 ($35.60) to GBX 2,500 ($31.78) and set a “buy” rating for the company in a research report on Thursday, December 12th.

Antofagasta Price Performance

ANTO stock opened at GBX 1,636 ($20.80) on Friday. The company has a 50 day simple moving average of GBX 1,783.94 and a 200 day simple moving average of GBX 1,919.99. The stock has a market cap of £16.13 billion, a price-to-earnings ratio of 2,783.90, a P/E/G ratio of -1.08 and a beta of 1.00. Antofagasta has a 1 year low of GBX 1,538 ($19.55) and a 1 year high of GBX 2,425 ($30.83). The company has a debt-to-equity ratio of 47.84, a current ratio of 2.14 and a quick ratio of 2.78.

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.