Antofagasta (LON:ANTO) Shares Pass Above 200-Day Moving Average – Time to Sell?

Posted by Donald Scott on Sep 9th, 2026

Antofagasta plc (LON:ANTO – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,813.30 and traded as high as GBX 3,931. Antofagasta shares last traded at GBX 3,898, with a volume of 374,350 shares trading hands.

Analyst Ratings Changes

A number of brokerages have commented on ANTO. JPMorgan Chase & Co. decreased their price objective on Antofagasta from GBX 4,500 to GBX 4,300 and set an “overweight” rating for the company in a research report on Friday, August 14th. Royal Bank Of Canada lowered shares of Antofagasta to an “underperform” rating and set a GBX 2,700 price target for the company. in a research report on Monday, July 20th. Jefferies Financial Group restated a “hold” rating and set a GBX 4,500 price target on shares of Antofagasta in a report on Tuesday, June 9th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 4,400 price objective on shares of Antofagasta in a research report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 3,400 target price on shares of Antofagasta in a research report on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of GBX 3,843.75.

Get Our Latest Analysis on ANTO

Antofagasta Trading Down 0.6%

The company has a debt-to-equity ratio of 75.57, a current ratio of 2.58 and a quick ratio of 2.78. The business has a fifty day moving average price of GBX 3,799.48 and a 200 day moving average price of GBX 3,813.91. The company has a market capitalization of £39.98 billion, a price-to-earnings ratio of 24.17, a price-to-earnings-growth ratio of -1.08 and a beta of 1.41.

Antofagasta Company Profile

(Get Free Report)

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.