Antofagasta plc (LON:ANTO) Given Average Rating of “Hold” by Analysts

Shares of Antofagasta plc (LON:ANTO) have been given a consensus rating of “Hold” by the seven brokerages that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned 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 1,948.57 ($24.54).

A number of brokerages have commented on ANTO. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Antofagasta in a research report on Friday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Antofagasta from GBX 2,100 ($26.45) to GBX 2,000 ($25.19) and set a “hold” rating on the stock in a research report on Monday, September 9th.

Antofagasta Price Performance

Shares of ANTO opened at GBX 1,683.50 ($21.20) on Monday. The company has a 50 day moving average of GBX 1,809.05. The stock has a market capitalization of £16.60 billion, a P/E ratio of 2,821.19, a P/E/G ratio of -1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 47.84, a current ratio of 2.14 and a quick ratio of 2.78. Antofagasta has a 1-year low of GBX 1,385.50 ($17.45) and a 1-year high of GBX 2,425 ($30.54).

Antofagasta Company Profile

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.