TOday’s Movers: Antofagasta (LON:ANTO) Stock Rating Reaffirmed by equity analysts UBS; GBX 580.00 Target Price Indicates 17.17% Potential

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Antofagasta (LON:ANTO) Rating Reaffirmed

London: In a recent report revealed to clients and investors on Friday morning, UBS reaffirmed their “Neutral” rating on Antofagasta (LON:ANTO) shares. They now have a GBX 580.00 target PPS on the firm. UBS’s target may mean a potential upside of 17.17% from the company’s last close price.

From a total of 21 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 15.32 while the lowest target price is GBX 4.45. The mean of all analyst targets is GBX 8.5 with a 19.40% above today’s (GBX 490.4) stock price. Antofagasta PLC was the topic of 94 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Buy” rating. Investec maintained shares with “Sell” rating and GBX 298 target share price in a report from a November 17. Bernstein maintained ANTO stock in a recent report from November 30 with “Outperform” rating. BNP Paribas maintained the rating on November 17. BNP Paribas has a “Outperform” rating and a GBX 790 price target on shares. Finally, Goldman Sachs upgraded the stock to “Sell” rating in a report issued on a November 18.

Approximately 1.19 million shares of stock traded hands. Antofagasta plc (LON:ANTO) has declined 35.85% since May 7, 2015 and is downtrending. It has underperformed by 33.07% the S&P500.

TOday’s Movers: Antofagasta (LON:ANTO) Stock Rating Reaffirmed by equity analysts UBS; GBX 580.00 Target Price Indicates 17.17% Potential

Antofagasta plc is a Chile copper mining firm with interests in transport and water distribution. The company has a market cap of 4.77 billion GBP. The Firm operates in three divisions: Mining, Transport and Water. It has 37.54 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.

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