Antofagasta (LON:ANTO) PT Raised to GBX 1,050 at Peel Hunt

Antofagasta (LON:ANTO) had its price target increased by Peel Hunt from GBX 1,010 ($14.18) to GBX 1,050 ($14.75) in a report released on Wednesday, January 10th. The firm currently has a “hold” rating on the mining company’s stock. Peel Hunt’s price target would suggest a potential upside of 14.90% from the company’s current price.

A number of other equities research analysts also recently weighed in on the stock. Barclays lifted their price target on shares of Antofagasta from GBX 920 ($12.92) to GBX 995 ($13.97) and gave the company an “equal weight” rating in a research report on Monday, January 8th. Jefferies Group reiterated a “buy” rating on shares of Antofagasta in a research report on Monday, December 18th. Liberum Capital lifted their price target on shares of Antofagasta from GBX 420 ($5.90) to GBX 535 ($7.51) and gave the company a “sell” rating in a research report on Monday, November 27th. Credit Suisse Group lifted their price objective on shares of Antofagasta from GBX 690 ($9.69) to GBX 780 ($10.95) and gave the company an “underperform” rating in a research note on Wednesday, November 15th. Finally, Macquarie decreased their price objective on shares of Antofagasta from GBX 940 ($13.20) to GBX 920 ($12.92) and set a “neutral” rating on the stock in a research note on Thursday, October 26th. Eight research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 825.06 ($11.59).

Shares of Antofagasta (LON ANTO) opened at GBX 913.80 ($12.83) on Wednesday. Antofagasta has a 1 year low of GBX 11.12 ($0.16) and a 1 year high of GBX 1,071 ($15.04). The stock has a market cap of $8,940.00 and a P/E ratio of 3,973.04.

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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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