Antofagasta plc (ANTO) Earns Sell Rating from Berenberg Bank
Berenberg Bank reissued their sell rating on shares of Antofagasta plc (LON:ANTO) in a report released on Wednesday morning, Marketbeat Ratings reports. They currently have a GBX 650 ($8.49) target price on the mining company’s stock.
Several other research analysts have also issued reports on ANTO. Goldman Sachs Group, Inc. (The) restated a sell rating and set a GBX 650 ($8.49) price target on shares of Antofagasta plc in a report on Wednesday, July 5th. Peel Hunt raised their price target on shares of Antofagasta plc from GBX 865 ($11.30) to GBX 875 ($11.43) and gave the stock a hold rating in a report on Monday, April 24th. Barclays PLC raised their price target on shares of Antofagasta plc from GBX 650 ($8.49) to GBX 790 ($10.32) and gave the stock an equal weight rating in a report on Friday, April 21st. Jefferies Group LLC lowered their price target on shares of Antofagasta plc from GBX 800 ($10.45) to GBX 700 ($9.14) and set a hold rating for the company in a report on Thursday, June 8th. Finally, J P Morgan Chase & Co restated an underweight rating and set a GBX 680 ($8.88) price target on shares of Antofagasta plc in a report on Tuesday, April 25th. Ten analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 704.79 ($9.20).
Antofagasta plc (ANTO) opened at 867.00 on Wednesday. The firm’s market cap is GBX 8.55 billion. The company’s 50-day moving average is GBX 796.44 and its 200-day moving average is GBX 791.11. Antofagasta plc has a one year low of GBX 470.40 and a one year high of GBX 905.41.
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.
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