JP Morgan Cazenove lowered their price target on shares of Antofagasta (LON: ANTO)
A number of other analysts have also recently weighed in on ANTO. Analysts at HB Markets upgraded shares of Antofagasta to a “buy” rating in a research note to investors on Wednesday, March 13th. Separately, analysts at BNP Paribas raised their price target on shares of Antofagasta from $20.39 to $21.15 in a research note to investors on Wednesday, March 13th. They now have an “outperform” rating on the stock. Finally, 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.
Five analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $18.22 (1206 GBX).
Antofagasta (LON: ANTO) traded down 1.43% on Wednesday, hitting GBX 1033.00. Antofagasta has a 1-year low of GBX 972.00 and a 1-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. Antofagasta plc (LON: ANTO), is a Chile-based copper mining company with interests in transport and water distribution.