Royal Bank of Canada Reiterates Sector Performer Rating for Antofagasta (ANTO)

Antofagasta (LON:ANTO)‘s stock had its “sector performer” rating reiterated by stock analysts at Royal Bank of Canada in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently commented on ANTO. Deutsche Bank lowered their target price on shares of Antofagasta from GBX 850 ($11.11) to GBX 800 ($10.45) and set a “hold” rating for the company in a research note on Thursday, January 24th. HSBC lifted their target price on shares of Antofagasta from GBX 790 ($10.32) to GBX 800 ($10.45) and gave the stock a “reduce” rating in a research note on Tuesday, April 16th. Peel Hunt reaffirmed an “add” rating on shares of Antofagasta in a research note on Tuesday, March 19th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Antofagasta in a research note on Wednesday, February 13th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Antofagasta in a research note on Thursday, January 24th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 901.07 ($11.77).

Shares of Antofagasta stock opened at GBX 921.20 ($12.04) on Thursday. The company has a debt-to-equity ratio of 26.42, a current ratio of 2.63 and a quick ratio of 2.19. Antofagasta has a 1 year low of GBX 713.20 ($9.32) and a 1 year high of GBX 1,171.50 ($15.31). The company has a market cap of $9.08 billion and a P/E ratio of 16.72.



About Antofagasta

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.

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Analyst Recommendations for Antofagasta (LON:ANTO)

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