Antofagasta (OTCMKTS:ANFGF)‘s stock had its “sell” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Monday, The Fly reports.
A number of other research firms have also commented on ANFGF. Peel Hunt lowered shares of Antofagasta from a “hold” rating to a “reduce” rating in a report on Monday, January 18th. Morgan Stanley reaffirmed an “underweight” rating on shares of Antofagasta in a report on Tuesday, March 30th. Barclays reissued an “underweight” rating on shares of Antofagasta in a report on Wednesday, April 7th. Scotiabank reissued a “sector perform” rating on shares of Antofagasta in a report on Monday. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Antofagasta in a report on Wednesday, March 17th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.
ANFGF opened at $24.00 on Monday. The company has a fifty day moving average price of $24.30 and a two-hundred day moving average price of $19.23. Antofagasta has a 52 week low of $9.03 and a 52 week high of $26.45.
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile and internationally. It operates through Los Pelambres, Centinela, Antucoya, ZaldÃvar, Exploration and Evaluation, and Transport segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.
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