November 28, 2016 - By Vivian Park
In a note revealed to clients and investors by Peel Hunt on Monday, 28 November, Antofagasta PLC (LON:ANTO) stock Hold was reaffirmed.
Out of 29 analysts covering Antofagasta PLC (LON:ANTO), 4 rate it a “Buy”, 13 “Sell”, while 12 “Hold”. This means 14% are positive. GBX 1025 is the highest target while GBX 250 is the lowest. The GBX 507.65 average target is -29.98% below today’s (GBX 725) stock price. Antofagasta PLC has been the topic of 256 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Bernstein maintained the stock with “Outperform” rating in Monday, February 1 report. The firm has “Hold” rating given on Wednesday, November 4 by Jefferies. The firm earned “Reduce” rating on Wednesday, July 29 by Charles Stanley. Canaccord Genuity downgraded the stock to “Hold” rating in Thursday, June 9 report. The stock has “Hold” rating given by Deutsche Bank on Wednesday, December 16. As per Monday, November 16, the company rating was maintained by Bernstein. The firm earned “Neutral” rating on Thursday, October 6 by BNP Paribas. The firm earned “Sell” rating on Wednesday, November 16 by Goldman Sachs. The firm earned “Neutral” rating on Friday, July 24 by JP Morgan. Liberum Capital maintained it with “Sell” rating and GBX 510 target price in Monday, August 10 report.
About 1.42 million shares traded hands. Antofagasta plc (LON:ANTO) has risen 49.52% since April 29, 2016 and is uptrending. It has outperformed by 43.51% the S&P500.
Antofagasta plc is a copper mining company. The company has a market cap of 7.13 billion GBP. The Firm is engaged in by-product production and has interests in transport. It has a 3179.82 P/E ratio. The Company’s divisions include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
Another recent and important Antofagasta plc (LON:ANTO) news was published by Bloomberg.com which published an article titled: “Years-Long Copper Glut Can Still Flush Out Deals for Antofagasta” on September 15, 2016.
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By Vivian Park