Antofagasta plc (OTCMKTS:ANFGF) Stock Now Rated “Hold” by Sell-Side Brokerages

Antofagasta plc (OTCMKTS:ANFGF) has been given an average recommendation of “Hold” by the ten analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company.

Several analysts have recently commented on ANFGF shares. Citigroup upgraded shares of Antofagasta from a “buy” rating to an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley reiterated an “underweight” rating on shares of Antofagasta in a research report on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft raised Antofagasta from a “sell” rating to a “hold” rating in a report on Monday, October 26th.

Antofagasta Price Performance

Shares of ANFGF opened at $42.98 on Friday. The company’s fifty day moving average is $49.63 and its two-hundred day moving average is $50.91. Antofagasta has a 1 year low of $32.91 and a 1 year high of $61.72.

Antofagasta Company Profile

Antofagasta plc (OTCMKTS:ANFGF) is a Chile-focused mining company that explores, develops and operates copper mines. Copper is its principal product, with additional production of molybdenum, gold and silver from certain operations. The company also operates a transport division that provides rail and road freight services in northern Chile.

Antofagasta’s mining operations include Los Pelambres in the Coquimbo Region and Centinela, Antucoya and Zaldívar in the Antofagasta Region. Its projects and exploration activities are primarily concentrated in Chile, while its corporate headquarters are in London, United Kingdom.