Peel Hunt restated their hold rating on shares of Antofagasta (LON:ANTO) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research analysts also recently weighed in on ANTO. JPMorgan Chase & Co. boosted their target price on Antofagasta from GBX 730 ($9.60) to GBX 780 ($10.26) and gave the stock an underweight rating in a research note on Tuesday, December 17th. HSBC lowered Antofagasta to a reduce rating and upped their target price for the company from GBX 820 ($10.79) to GBX 835 ($10.98) in a research report on Thursday, December 19th. Jefferies Financial Group cut Antofagasta to a hold rating and set a GBX 950 ($12.50) price target for the company. in a research note on Wednesday, December 11th. Barclays lowered their price target on Antofagasta from GBX 750 ($9.87) to GBX 700 ($9.21) and set an underweight rating for the company in a report on Wednesday, December 11th. Finally, Bank of America restated a buy rating on shares of Antofagasta in a research note on Tuesday, October 8th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 911.43 ($11.99).

Shares of ANTO opened at GBX 969.80 ($12.76) on Monday. Antofagasta has a 12 month low of GBX 768.80 ($10.11) and a 12 month high of GBX 1,026 ($13.50). The stock has a fifty day moving average price of GBX 918.46 and a 200-day moving average price of GBX 890.07. The company has a current ratio of 2.31, a quick ratio of 1.90 and a debt-to-equity ratio of 29.27. The firm has a market cap of $9.56 billion and a PE ratio of 14.67.

About Antofagasta

Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.

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Analyst Recommendations for Antofagasta (LON:ANTO)

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