Antofagasta’s (LON:ANTO) Buy Rating Reaffirmed at Jefferies Group

Antofagasta (LON:ANTO)‘s stock had its “buy” rating restated by Jefferies Group in a report issued on Monday, December 18th.

Several other equities analysts have also commented on ANTO. Liberum Capital increased their price objective on shares of Antofagasta from GBX 400 ($5.42) to GBX 420 ($5.70) and gave the company a “sell” rating in a research report on Tuesday, August 22nd. Deutsche Bank raised their target price on shares of Antofagasta from GBX 700 ($9.49) to GBX 800 ($10.85) and gave the stock a “sell” rating in a report on Wednesday, August 23rd. raised their target price on shares of Antofagasta from GBX 720 ($9.76) to GBX 730 ($9.90) and gave the stock a “reduce” rating in a report on Wednesday, August 23rd. JPMorgan Chase & Co. lowered their target price on shares of Antofagasta from GBX 740 ($10.04) to GBX 670 ($9.09) and set an “underweight” rating for the company in a report on Wednesday, August 23rd. Finally, Citigroup reiterated a “buy” rating and set a GBX 1,100 ($14.92) price objective on shares of Antofagasta in a report on Thursday, August 24th. Nine investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 819.22 ($11.11).

Antofagasta (LON ANTO) traded up GBX 11.50 ($0.16) on Monday, reaching GBX 1,026 ($13.91). 2,542,851 shares of the company traded hands, compared to its average volume of 2,270,000. Antofagasta has a 52 week low of GBX 11.12 ($0.15) and a 52 week high of GBX 1,071 ($14.52). The stock has a market capitalization of $10,140.00 and a PE ratio of 4,275.00.

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About Antofagasta

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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