Antofagasta plc (LON:ANTO) Receives GBX 2,005.71 Average Target Price from Brokerages

Shares of Antofagasta plc (LON:ANTO) have received an average rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued 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 ($24.68).

Several equities analysts have weighed in on the company. Citigroup cut their price target on Antofagasta from GBX 2,800 ($34.45) to GBX 2,500 ($30.76) and set a “buy” rating for the company in a report on Thursday, December 12th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Antofagasta in a research report on Friday, November 22nd.

Antofagasta Stock Performance

LON:ANTO opened at GBX 1,718 ($21.14) on Tuesday. The stock has a 50-day moving average price of GBX 1,686.23 and a 200 day moving average price of GBX 1,844.94. The company has a current ratio of 2.14, a quick ratio of 2.78 and a debt-to-equity ratio of 47.84. Antofagasta has a 12-month low of GBX 1,538 ($18.92) and a 12-month high of GBX 2,425 ($29.84). The stock has a market capitalization of £16.94 billion, a P/E ratio of 2,911.86, a P/E/G ratio of -1.08 and a beta of 1.00.

About Antofagasta

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.