Antofagasta’s (ANTO) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Antofagasta (LON:ANTO) in a report published on Tuesday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a GBX 935 ($12.22) price target on the mining company’s stock, up from their previous price target of GBX 920 ($12.02).

A number of other brokerages have also recently commented on ANTO. UBS Group set a $13.00 price target on Freeport-McMoRan and gave the stock a hold rating in a research report on Wednesday, June 26th. Barclays restated an underweight rating on shares of in a research report on Thursday, July 4th. Deutsche Bank decreased their price target on Vornado Realty Trust from $80.00 to $73.00 and set a hold rating on the stock in a research report on Wednesday, April 10th. BNP Paribas upgraded Antofagasta from a neutral rating to an outperform rating in a research report on Thursday, March 21st. Finally, Royal Bank of Canada restated an outperform rating and issued a GBX 670 ($8.75) price target on shares of in a research report on Friday, June 28th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 903.93 ($11.81).

Shares of LON ANTO opened at GBX 871 ($11.38) on Tuesday. The company has a quick ratio of 2.19, a current ratio of 2.63 and a debt-to-equity ratio of 26.42. Antofagasta has a 52 week low of GBX 713.20 ($9.32) and a 52 week high of GBX 1,026 ($13.41). The company has a market capitalization of $8.59 billion and a PE ratio of 15.81. The stock has a fifty day moving average of GBX 855.79.

About Antofagasta

Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.

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Analyst Recommendations for Antofagasta (LON:ANTO)

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