Investment analysts at BNP Paribas increased their target price on shares of Antofagasta (LON: ANTO)
Shares of Antofagasta (LON: ANTO) traded down 1.43% during mid-day trading on Wednesday, hitting GBX 1033.00. Antofagasta has a one year low of GBX 972.00 and a one year high of GBX 1392.00. The stock’s 50-day moving average is currently GBX 1231.. The company’s market cap is 10.184 billion. A number of other firms have also recently commented on ANTO. Analysts at Barclays Capital reiterated an “equal-weight” rating on shares of Antofagasta in a research note to investors on Wednesday, March 13th. They now have a $16.62 price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Antofagasta from $19.03 to $17.37 in a research note to investors on Wednesday, March 13th. They now have a “hold” rating on the stock. Finally, analysts at JP Morgan Cazenove cut their price target on shares of Antofagasta from $21.15 to $20.62 in a research note to investors on Wednesday, March 13th. They now have an “overweight” rating on the stock. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. Antofagasta presently has an average rating of “Hold” and an average target price of $18.22 (1206 GBX).
Antofagasta plc (LON: ANTO), is a Chile-based copper mining company with interests in transport and water distribution.