Antofagasta (LON:ANTO) Rating Reiterated by Canaccord Genuity Group

Antofagasta (LON:ANTO)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They presently have a GBX 1,925 ($23.96) target price on the mining company’s stock. Canaccord Genuity Group’s price target indicates a potential downside of 14.97% from the stock’s current price.

Several other equities analysts also recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,550 ($19.30) target price on shares of Antofagasta in a research report on Tuesday, February 20th. Bank of America reiterated a “buy” rating on shares of Antofagasta in a report on Thursday, April 11th. Citigroup reissued a “buy” rating and set a GBX 2,100 ($26.14) target price on shares of Antofagasta in a report on Wednesday, January 31st. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Antofagasta in a research note on Tuesday, April 9th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 1,648.33 ($20.52).

Antofagasta Stock Down 0.2 %

Shares of ANTO opened at GBX 2,264 ($28.18) on Wednesday. The company has a debt-to-equity ratio of 33.86, a quick ratio of 2.78 and a current ratio of 2.37. Antofagasta has a 52 week low of GBX 1,280 ($15.93) and a 52 week high of GBX 2,336 ($29.08). The stock has a market capitalization of £22.32 billion, a price-to-earnings ratio of 3,379.10, a PEG ratio of -1.08 and a beta of 1.12. The stock has a fifty day moving average of GBX 1,939.19 and a 200-day moving average of GBX 1,657.47.

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.