Antofagasta plc (LON:ANTO) Receives Consensus Recommendation of “Hold” from Analysts

Antofagasta plc (LON:ANTO) has received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,005.71 ($25.42).

A number of equities research analysts recently commented on ANTO shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Antofagasta from GBX 2,100 ($26.62) to GBX 2,000 ($25.35) and set a “hold” rating for the company in a report on Monday, September 9th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd. Finally, Citigroup lowered their price target on Antofagasta from GBX 2,800 ($35.49) to GBX 2,500 ($31.69) and set a “buy” rating for the company in a report on Thursday.

Antofagasta Trading Down 3.4 %

Shares of ANTO opened at GBX 1,702.50 ($21.58) on Friday. The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 47.84. Antofagasta has a 12-month low of GBX 1,522 ($19.29) and a 12-month high of GBX 2,425 ($30.74). The firm has a market capitalization of £16.78 billion, a PE ratio of 2,885.59, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00. The stock’s fifty day simple moving average is GBX 1,791.29 and its 200-day simple moving average is GBX 1,921.73.

Antofagasta Company Profile

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.