Antofagasta (LON:ANTO) Given New GBX 780 Price Target at Credit Suisse Group

Antofagasta (LON:ANTO) had its target price lifted by Credit Suisse Group from GBX 690 ($9.29) to GBX 780 ($10.50) in a report released on Wednesday, November 15th, MarketBeat reports. They currently have an underperform rating on the mining company’s stock.

Several other analysts also recently commented on ANTO. Macquarie decreased their target price on shares of Antofagasta from GBX 940 ($12.65) to GBX 920 ($12.38) and set a neutral rating for the company in a research report on Thursday, October 26th. J P Morgan Chase & Co reduced their price objective on shares of Antofagasta from GBX 670 ($9.02) to GBX 660 ($8.88) and set an underweight rating for the company in a research note on Thursday, October 26th. Berenberg Bank reduced their price objective on shares of Antofagasta from GBX 760 ($10.23) to GBX 750 ($10.09) and set a sell rating for the company in a research note on Thursday, October 26th. Deutsche Bank restated a sell rating and issued a GBX 800 ($10.77) price objective on shares of Antofagasta in a research note on Thursday, October 26th. Finally, Liberum Capital reiterated a sell rating and set a GBX 420 ($5.65) target price on shares of Antofagasta in a research note on Wednesday, October 25th. Nine research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 815.33 ($10.97).

Shares of Antofagasta (LON ANTO) traded up GBX 0.50 ($0.01) on Wednesday, reaching GBX 899.50 ($12.11). 2,335,075 shares of the company were exchanged, compared to its average volume of 2,760,000. Antofagasta has a 52-week low of GBX 648 ($8.72) and a 52-week high of GBX 1,071 ($14.41).

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Antofagasta 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.

Analyst Recommendations for Antofagasta (LON:ANTO)

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