Macquarie cut shares of Antofagasta (OTCMKTS:ANFGY) from an outperform rating to a neutral rating in a research note issued to investors on Tuesday, The Fly reports.
ANFGY has been the subject of several other reports. Royal Bank of Canada increased their price objective on shares of Power Financial from C$33.00 to C$36.00 and gave the company a sector perform rating in a report on Tuesday, March 12th. Barclays set a €44.20 ($51.40) price objective on shares of Deutsche Wohnen and gave the company a neutral rating in a report on Tuesday, March 26th. HSBC assumed coverage on shares of Tullow Oil in a report on Tuesday, May 28th. They issued a hold rating for the company. Liberum Capital upgraded shares of to a hold rating and set a GBX 840 ($10.98) price objective for the company in a report on Wednesday, June 12th. Finally, Peel Hunt reissued a hold rating on shares of Antofagasta in a research note on Monday, April 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of Hold.
Antofagasta has a 1-year low of $12.56 and a 1-year high of $12.56.
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
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