Antofagasta (LON:ANTO) Given Sector perform Rating at Berenberg Bank

Berenberg Bank reaffirmed their sector perform rating on shares of Antofagasta (LON:ANTO) in a research report sent to investors on Thursday, January 25th. They currently have a GBX 750 ($10.36) target price on the mining company’s stock.

Several other equities analysts also recently commented on the stock. Citigroup reissued a buy rating and issued a GBX 1,130 ($15.61) target price on shares of Antofagasta in a report on Thursday, January 25th. JPMorgan Chase & Co. lowered their target price on shares of Antofagasta from GBX 700 ($9.67) to GBX 660 ($9.12) and set an underweight rating on the stock in a report on Thursday, January 25th. Peel Hunt reissued a hold rating and issued a GBX 1,050 ($14.51) target price on shares of Antofagasta in a report on Wednesday, January 24th. Deutsche Bank upped their price target on shares of Antofagasta from GBX 800 ($11.05) to GBX 900 ($12.43) and gave the company a sell rating in a research note on Monday, January 15th. Finally, Barclays upped their price target on shares of Antofagasta from GBX 920 ($12.71) to GBX 995 ($13.75) and gave the company an equal weight rating in a research note on Monday, January 8th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 855.40 ($11.82).

Antofagasta (ANTO) traded up GBX 11.20 ($0.15) during mid-day trading on Thursday, hitting GBX 887.20 ($12.26). 2,650,000 shares of the stock traded hands, compared to its average volume of 2,480,000. Antofagasta has a 1 year low of GBX 11.12 ($0.15) and a 1 year high of GBX 1,071 ($14.80). The stock has a market capitalization of $8,750.00 and a P/E ratio of 3,857.39.

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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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