Antofagasta (LON:ANTO) Given “Buy” Rating at Jefferies Group

Antofagasta (LON:ANTO)‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research note issued to investors on Monday, December 18th.

A number of other equities analysts have also recently commented on ANTO. Liberum Capital raised their target price on Antofagasta from GBX 420 ($5.70) to GBX 535 ($7.26) and gave the company a “sell” rating in a report on Monday, November 27th. Peel Hunt raised their target price on Antofagasta from GBX 1,000 ($13.56) to GBX 1,010 ($13.70) and gave the company a “hold” rating in a report on Monday, November 27th. Credit Suisse Group raised their target price on Antofagasta from GBX 690 ($9.36) to GBX 780 ($10.58) and gave the company an “underperform” rating in a report on Wednesday, November 15th. Macquarie lowered their target price on Antofagasta from GBX 940 ($12.75) to GBX 920 ($12.48) and set a “neutral” rating for the company in a report on Thursday, October 26th. Finally, JPMorgan Chase & Co. lowered their target price on Antofagasta from GBX 670 ($9.09) to GBX 660 ($8.95) and set an “underweight” rating for the company in a report on Thursday, October 26th. Nine research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 819.22 ($11.11).

Shares of Antofagasta (ANTO) traded up GBX 6 ($0.08) on Monday, hitting GBX 1,032 ($14.00). The company’s stock had a trading volume of 2,230,000 shares, compared to its average volume of 2,260,000. The firm has a market cap of $10,150.00 and a P/E ratio of 4,300.00. Antofagasta has a twelve month low of GBX 11.12 ($0.15) and a twelve month high of GBX 1,071 ($14.52).

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About Antofagasta

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.

Analyst Recommendations for Antofagasta (LON:ANTO)

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