Antofagasta plc (LON:ANTO) Given Consensus Rating of “Hold” by Analysts

Shares of Antofagasta plc (LON:ANTO) have earned a consensus rating of “Hold” from the eight analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,013.13 ($25.17).

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Antofagasta in a research note on Friday, November 22nd. Citigroup lowered their price objective on Antofagasta from GBX 2,800 ($35.00) to GBX 2,500 ($31.25) and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,065 ($25.82) price objective on shares of Antofagasta in a research note on Thursday, January 16th.

Antofagasta Stock Performance

LON ANTO opened at GBX 1,761.21 ($22.02) on Friday. The stock has a market capitalization of £17.36 billion, a PE ratio of 2,985.09, a P/E/G ratio of -1.08 and a beta of 1.00. Antofagasta has a 1-year low of GBX 1,567.50 ($19.60) and a 1-year high of GBX 2,425 ($30.32). The business has a 50 day simple moving average of GBX 1,683.02 and a two-hundred day simple moving average of GBX 1,792.90. The company has a debt-to-equity ratio of 47.84, a current ratio of 2.14 and a quick ratio of 2.78.

Antofagasta Company Profile

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.