Antofagasta plc (LON:ANTO) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Antofagasta plc (LON:ANTO) have been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 2,005.71 ($25.50).

A number of research firms have issued reports on ANTO. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Antofagasta in a report on Friday, November 22nd. Citigroup cut their price objective on shares of Antofagasta from GBX 2,800 ($35.60) to GBX 2,500 ($31.78) and set a “buy” rating for the company in a report on Thursday, December 12th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Antofagasta from GBX 2,100 ($26.70) to GBX 2,000 ($25.43) and set a “hold” rating for the company in a report on Monday, September 9th.

Antofagasta Stock Performance

LON ANTO opened at GBX 1,636 ($20.80) on Friday. The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 47.84. The company has a market capitalization of £16.13 billion, a P/E ratio of 2,783.90, a P/E/G ratio of -1.08 and a beta of 1.00. Antofagasta has a 12-month low of GBX 1,538 ($19.55) and a 12-month high of GBX 2,425 ($30.83). The firm has a 50-day moving average price of GBX 1,783.94 and a two-hundred day moving average price of GBX 1,919.99.

About Antofagasta

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.