Antofagasta plc (LON:ANTO) had its price objective lifted by equities research analysts at Credit Suisse Group from GBX 690 ($9.08) to GBX 780 ($10.26) in a research report issued to clients and investors on Wednesday. The firm currently has an “underperform” rating on the mining company’s stock. Credit Suisse Group’s price target suggests a potential downside of 17.81% from the company’s previous close.
A number of other analysts have also weighed in on ANTO. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and issued a GBX 650 ($8.55) target price on shares of Antofagasta plc in a research note on Monday, July 24th. Peel Hunt reiterated a “hold” rating and issued a GBX 875 ($11.51) target price on shares of Antofagasta plc in a research note on Friday, July 28th. Berenberg Bank reiterated a “sell” rating and issued a GBX 650 ($8.55) target price on shares of Antofagasta plc in a research note on Monday, August 14th. Liberum Capital increased their target price on Antofagasta plc from GBX 400 ($5.26) to GBX 420 ($5.52) and gave the stock a “sell” rating in a research note on Tuesday, August 22nd. Finally, Deutsche Bank AG increased their target price on Antofagasta plc from GBX 700 ($9.21) to GBX 800 ($10.52) and gave the stock a “sell” rating in a research note on Wednesday, August 23rd. Nine analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Antofagasta plc has a consensus rating of “Hold” and a consensus target price of GBX 808.39 ($10.63).
Shares of Antofagasta plc (ANTO) opened at GBX 949 ($12.48) on Wednesday. Antofagasta plc has a 52 week low of GBX 648 ($8.52) and a 52 week high of GBX 1,071 ($14.09).
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Antofagasta plc Company Profile
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.
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