Antofagasta plc (ANTO) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Antofagasta plc (LON:ANTO)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. They presently have a GBX 390 ($4.84) price objective on the mining company’s stock. JPMorgan Chase & Co.’s price objective points to a potential downside of 43.40% from the stock’s previous close.
ANTO has been the subject of a number of other research reports. Barclays PLC raised their target price on shares of Antofagasta plc from GBX 410 ($5.09) to GBX 460 ($5.71) and gave the stock an “equal weight” rating in a research note on Wednesday, September 21st. Macquarie restated an “underperform” rating and set a GBX 400 ($4.96) target price on shares of Antofagasta plc in a research note on Monday, August 22nd. Liberum Capital restated a “sell” rating and set a GBX 510 ($6.33) target price on shares of Antofagasta plc in a research note on Thursday, August 25th. BNP Paribas restated a “neutral” rating and set a GBX 545 ($6.76) target price on shares of Antofagasta plc in a research note on Thursday, October 6th. Finally, SP Angel restated a “hold” rating on shares of Antofagasta plc in a research note on Tuesday, August 16th. Nine analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 529.95 ($6.57).
Shares of Antofagasta plc (LON:ANTO) opened at 689.00 on Tuesday. Antofagasta plc has a 52 week low of GBX 340.60 and a 52 week high of GBX 789.00. The firm’s 50-day moving average is GBX 598.97 and its 200 day moving average is GBX 511.05. The company’s market capitalization is GBX 6.79 billion.
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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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