Antofagasta (LON:ANTO) Rating Reaffirmed
They currently have a GBX 755 Estimated Target Price on Antofagasta (LON:ANTO). The target price by AlphaValue would suggest a potential upside of 50.10% from the company’s last close price. This has been revealed in a comprehensive report on Thursday morning.
From a total of 20 analysts covering Antofagasta PLC (LON:ANTO) stock, 4 rate it a ”Buy”, 6 a “Sell”, and 13 a ”Hold”. This means that 17% of the ratings are positive. The highest target price is GBX 11.95 while the lowest target price is GBX 4.51. The mean of all analyst targets is GBX 8.25 with a 15.99% above today’s (GBX 505) stock price. Antofagasta PLC was the topic of 93 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 1 with “Hold” rating. BNP Paribas maintained shares with “Outperform” rating and GBX 790 target share price in a report from a November 17. Macquarie Research maintained ANTO stock in a recent report from November 30 with “Neutral” rating. Barclays Capital maintained the rating on November 10. Barclays Capital has a “Equal Weight” rating and a GBX 535 price target on shares. Finally, Investec maintained the stock with “Sell” rating in a report issued on a November 17.
Approximately 458,851 shares of stock traded hands. Antofagasta plc (LON:ANTO) has declined 34.25% since May 6, 2015 and is downtrending. It has underperformed by 33.96% the S&P500.
Antofagasta plc is a Chile copper mining firm with interests in transport and water distribution. The company has a market cap of 5.06 billion GBP. The Firm operates in three divisions: Mining, Transport and Water. It has 38.16 P/E ratio. The principal activities of the Company are copper mining (including exploration and development), the transportation of freight by rail and road and the distribution of water.