Antofagasta plc (LON:ANTO) Receives GBX 2,198.33 Consensus Price Target from Analysts

Antofagasta plc (LON:ANTO) has been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 2,198.33 ($30.01).

A number of research firms recently commented on ANTO. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,400 ($32.76) price target on shares of Antofagasta in a research note on Friday, March 28th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,100 ($28.67) target price on shares of Antofagasta in a report on Thursday.

Antofagasta Stock Performance

LON:ANTO opened at GBX 1,934 ($26.40) on Tuesday. The stock has a fifty day moving average price of GBX 1,784.79 and a 200-day moving average price of GBX 1,727.49. The company has a market cap of £23.83 billion, a price-to-earnings ratio of 31.18, a PEG ratio of -1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 65.33, a quick ratio of 2.78 and a current ratio of 2.14. Antofagasta has a fifty-two week low of GBX 1,278 ($17.45) and a fifty-two week high of GBX 2,239 ($30.57).

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.