Antofagasta plc (LON:ANTO) Given Consensus Rating of “Hold” by Analysts

Shares of Antofagasta plc (LON:ANTO) have received an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 2,005.71 ($25.09).

ANTO has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on Antofagasta from GBX 2,100 ($26.27) to GBX 2,000 ($25.02) and set a “hold” rating on the stock in a research report on Monday, September 9th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd. Finally, Citigroup lowered their price objective on Antofagasta from GBX 2,800 ($35.03) to GBX 2,500 ($31.28) and set a “buy” rating for the company in a report on Thursday, December 12th.

Antofagasta Stock Performance

LON:ANTO opened at GBX 1,642.50 ($20.55) on Tuesday. The firm has a 50-day moving average of GBX 1,695.12 and a two-hundred day moving average of GBX 1,853.94. The company has a debt-to-equity ratio of 47.84, a current ratio of 2.14 and a quick ratio of 2.78. The stock has a market cap of £16.19 billion, a P/E ratio of 2,783.90, a PEG ratio of -1.08 and a beta of 1.00. Antofagasta has a 1-year low of GBX 1,538 ($19.24) and a 1-year high of GBX 2,425 ($30.34).

Antofagasta Company Profile

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.