Antofagasta PLC (LON:ANTO) Rating Reaffirmed
Macquarie now has a GBX 570.00 TP on shares of Antofagasta PLC (LON:ANTO). The TP indicates a potential upside of 16.15% from the last stock price of Antofagasta PLC (LON:ANTO). This rating was revealed in analysts note on Monday, 30 November.
From a total of 23 analysts covering Antofagasta PLC (LON:ANTO) stock, 4 rate it a ”Buy”, 8 a “Sell”, and 11 a ”Hold”. This means that 17% of the ratings are positive. The highest target price is GBX 1025 while the lowest target price is GBX 298. The mean of all analyst targets is GBX 585.76 with a 21.10% above today’s (GBX 483.7) stock price. Antofagasta PLC was the topic of 90 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on November 23 with “Outperform” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 535 target share price in a report from a November 10. Goldman Sachs upgraded ANTO stock in a recent report from November 18 to “Sell” rating. Jefferies maintained the rating on November 4. Jefferies has a “Hold” rating and a GBX 580 price target on shares. Finally, BNP Paribas maintained the stock with “Outperform” rating in a report issued on a November 17.
Approximately 282,511 shares of stock traded hands. Antofagasta plc (LON:ANTO) has declined 37.32% since May 1, 2015 and is downtrending. It has underperformed by 36.43% 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 4.77 billion GBP. The Firm operates in three divisions: Mining, Transport and Water. It has 36.93 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.