Macquarie Reaffirms Underperform Rating for Antofagasta plc (ANTO)
Macquarie reiterated their underperform rating on shares of Antofagasta plc (LON:ANTO) in a research note released on Tuesday. The brokerage currently has a GBX 400 ($5.22) target price on the mining company’s stock.
ANTO has been the topic of a number of other reports. Liberum Capital restated a sell rating and issued a GBX 510 ($6.66) price objective on shares of Antofagasta plc in a report on Thursday, August 25th. SP Angel restated a hold rating on shares of Antofagasta plc in a report on Tuesday, August 16th. Goldman Sachs Group Inc. raised their price objective on Antofagasta plc from GBX 250 ($3.26) to GBX 280 ($3.65) and gave the stock a sell rating in a report on Tuesday, June 28th. Credit Suisse Group AG restated an underperform rating and issued a GBX 400 ($5.22) price objective on shares of Antofagasta plc in a report on Thursday, July 28th. Finally, Canaccord Genuity downgraded Antofagasta plc to a hold rating and cut their price objective for the stock from GBX 550 ($7.18) to GBX 475 ($6.20) in a report on Thursday, June 9th. Ten investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 483.82 ($6.32).
Antofagasta plc (LON:ANTO) opened at 517.50 on Tuesday. The company has a 50-day moving average price of GBX 516.64 and a 200-day moving average price of GBX 476.08. Antofagasta plc has a one year low of GBX 340.60 and a one year high of GBX 610.50. The firm’s market capitalization is GBX 5.10 billion.
About Antofagasta plc
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.
Receive News & Ratings for Antofagasta plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta plc and related companies with MarketBeat.com's FREE daily email newsletter.