Key Equity Research Analysts at Bernstein Reiterated their ‘Outperform’ rating for Antofagasta (LON:ANTO) Shares Today. Their Target Price per Share Provided Is GBX 610

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Antofagasta (LON:ANTO) Rating Reaffirmed

Stock research analysts at Bernstein now has a GBX 610 target price per share on Antofagasta (LON:ANTO). Bernstein and their recent target price per share could mean a potential upside of 42.69% from the company’s previous close. The rating has been announced to investors in a recent report on Monday 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 11.99 while the lowest target price is GBX 4.52. The mean of all analyst targets is GBX 8.18 with a 31.88% above today’s (GBX 429) stock price. Antofagasta PLC was the topic of 96 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 7 with “Outperform” rating. Goldman Sachs upgraded shares to “Sell” rating and GBX 440 target share price in a report from a November 18. AlphaValue maintained ANTO stock in a recent report from December 3 with “Buy” rating. Investec maintained the rating on November 17. Investec has a “Sell” rating and a GBX 298 price target on shares. Finally, Macquarie Research maintained the stock with “Neutral” rating in a report issued on a November 30.

Approximately 545,242 shares of stock traded hands. Antofagasta plc (LON:ANTO) has declined 45.64% since May 15, 2015 and is downtrending. It has underperformed by 41.22% the S&P500.

Key Equity Research Analysts at Bernstein Reiterated their ‘Outperform’ rating for Antofagasta (LON:ANTO) Shares Today. Their Target Price per Share Provided Is GBX 610

Antofagasta plc is a Chile copper mining firm with interests in transport and water distribution. The company has a market cap of 4.23 billion GBP. The Firm operates in three divisions: Mining, Transport and Water. It has 32.88 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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