Peel Hunt Reaffirms Hold Rating for Antofagasta (LON:ANTO)

Peel Hunt reissued their hold rating on shares of Antofagasta (LON:ANTO) in a report published on Tuesday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a GBX 935 ($12.22) price target on the mining company’s stock, up from their previous price target of GBX 920 ($12.02).

A number of other equities research analysts also recently commented on the stock. Sanford C. Bernstein set a $60.00 target price on shares of QUALCOMM and gave the stock a hold rating in a research report on Wednesday, April 17th. HSBC began coverage on shares of Tullow Oil in a research report on Tuesday, May 28th. They issued a hold rating for the company. Citigroup lifted their target price on shares of Philip Morris International from $90.00 to $102.00 and gave the stock a buy rating in a research report on Monday, March 25th. Goldman Sachs Group raised shares of Martin Marietta Materials from a neutral rating to a buy rating and lifted their target price for the stock from $207.00 to $232.00 in a research report on Thursday, April 11th. Finally, Deutsche Bank cut their target price on shares of Vornado Realty Trust from $80.00 to $73.00 and set a hold rating for the company in a research report on Wednesday, April 10th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 903.93 ($11.81).

LON:ANTO opened at GBX 863 ($11.28) on Tuesday. The company has a debt-to-equity ratio of 26.42, a quick ratio of 2.19 and a current ratio of 2.63. Antofagasta has a 12 month low of GBX 713.20 ($9.32) and a 12 month high of GBX 1,026 ($13.41). The company has a market cap of $8.51 billion and a P/E ratio of 15.66. The stock has a 50 day moving average of GBX 857.46.

Antofagasta Company Profile

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 Transport 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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