Antofagasta plc (LON:ANTO)‘s stock had its “sell” rating restated by research analysts at Deutsche Bank AG in a report released on Thursday, October 26th. They currently have a GBX 800 ($10.52) price target on the mining company’s stock. Deutsche Bank AG’s target price points to a potential downside of 17.31% from the stock’s previous close.
Several other research analysts also recently weighed in on ANTO. Goldman Sachs Group, Inc. (The) restated a “sell” rating and set a GBX 650 ($8.55) price target on shares of Antofagasta plc in a research report on Wednesday, July 5th. Berenberg Bank restated a “sell” rating and set a GBX 650 ($8.55) price target on shares of Antofagasta plc in a research report on Wednesday, July 12th. Barclays PLC restated an “equal weight” rating and set a GBX 790 ($10.39) price target on shares of Antofagasta plc in a research report on Friday, July 14th. HSBC Holdings plc cut their price objective on shares of Antofagasta plc from GBX 730 ($9.60) to GBX 720 ($9.47) and set a “reduce” rating for the company in a report on Friday, July 14th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 875 ($11.51) price objective on shares of Antofagasta plc in a report on Friday, July 28th. Nine equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 796.72 ($10.48).
Antofagasta plc (LON:ANTO) traded down GBX 9.50 ($0.12) on Thursday, hitting GBX 967.50 ($12.73). 1,742,594 shares of the company traded hands, compared to its average volume of 2,710,000. Antofagasta plc has a 52-week low of GBX 648 ($8.52) and a 52-week high of GBX 1,071 ($14.09).
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Antofagasta plc Company Profile
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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