Antofagasta (LON:ANTO) had its target price boosted by investment analysts at Peel Hunt from GBX 1,010 ($13.70) to GBX 1,050 ($14.24) in a research note issued on Wednesday, January 10th. The firm presently has a “hold” rating on the mining company’s stock. Peel Hunt’s price objective would indicate a potential upside of 4.01% from the stock’s previous close.
ANTO has been the topic of several other reports. Barclays raised their price target on Antofagasta from GBX 790 ($10.71) to GBX 965 ($13.09) and gave the stock an “equal weight” rating in a research report on Tuesday, October 24th. Liberum Capital raised their price target on Antofagasta from GBX 420 ($5.70) to GBX 535 ($7.26) and gave the stock a “sell” rating in a research report on Monday, November 27th. Jefferies Group restated a “buy” rating on shares of Antofagasta in a research report on Monday, December 18th. Macquarie restated a “neutral” rating and set a GBX 930 ($12.61) price target on shares of Antofagasta in a research report on Tuesday, October 10th. Finally, Investec upgraded Antofagasta to a “buy” rating and raised their price target for the stock from GBX 957 ($12.98) to GBX 1,046 ($14.18) in a research report on Friday, September 29th. Nine research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 824.78 ($11.18).
Antofagasta (LON ANTO) opened at GBX 1,009.50 ($13.69) on Wednesday. The firm has a market capitalization of $9,910.00 and a PE ratio of 4,206.25. Antofagasta has a 1-year low of GBX 11.12 ($0.15) and a 1-year high of GBX 1,071 ($14.52).
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Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
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