Antofagasta (LON:ANTO) had its price objective decreased by HSBC from GBX 750 ($9.80) to GBX 740 ($9.67) in a research report report published on Wednesday morning. HSBC currently has a hold rating on the mining company’s stock.
Several other analysts have also commented on the stock. Peel Hunt reaffirmed a hold rating on shares of Antofagasta in a research report on Friday, July 13th. Barclays lifted their price target on shares of Antofagasta from GBX 935 ($12.22) to GBX 975 ($12.74) and gave the company an equal weight rating in a research report on Wednesday, July 18th. Royal Bank of Canada lifted their price target on shares of Antofagasta from GBX 900 ($11.76) to GBX 980 ($12.81) and gave the company a sector performer rating in a research report on Tuesday, August 14th. UBS Group reaffirmed a sell rating and set a GBX 800 ($10.45) price target on shares of Antofagasta in a research report on Wednesday, August 15th. Finally, BMO Capital Markets reaffirmed an outperform rating and set a GBX 1,200 ($15.68) price target on shares of Antofagasta in a research report on Wednesday, August 15th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 870.63 ($11.38).
ANTO traded up GBX 35.20 ($0.46) during trading on Wednesday, reaching GBX 820 ($10.71). The company’s stock had a trading volume of 2,065,390 shares, compared to its average volume of 3,470,000. Antofagasta has a 1 year low of GBX 11.12 ($0.15) and a 1 year high of GBX 1,071 ($13.99).
Antofagasta Company Profile
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and evaluation, and Railway and Other Transport Services segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.
Recommended Story: Exchange-Traded Funds (ETFs)
Receive News & Ratings for Antofagasta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta and related companies with MarketBeat.com's FREE daily email newsletter.