The Jefferies Group Raises Antofagasta plc (ANTO) Price Target to GBX 600

The Jefferies Group Raises Antofagasta plc (ANTO) Price Target to GBX 600

Antofagasta plc (LON:ANTO) had its price objective lifted by research analysts at Jefferies Group from GBX 550 ($6.81) to GBX 600 ($7.43) in a report released on Friday. The firm presently has a “hold” rating on the mining company’s stock. Jefferies Group’s price target indicates a potential upside of 11.21% from the company’s current price.

Several other research firms have also recently weighed in on ANTO. JPMorgan Chase & Co. lowered their price target on Antofagasta plc from GBX 400 ($4.95) to GBX 380 ($4.70) and set a “neutral” rating on the stock in a report on Thursday, July 28th. Macquarie reaffirmed an “underperform” rating and issued a GBX 400 ($4.95) price target on shares of Antofagasta plc in a report on Monday, August 22nd. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 410 ($5.07) price target on shares of Antofagasta plc in a report on Monday, July 18th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 515 ($6.37) price target on shares of Antofagasta plc in a report on Monday, August 15th. Finally, Credit Suisse Group AG reaffirmed an “underperform” rating and issued a GBX 360 ($4.46) price target on shares of Antofagasta plc in a report on Thursday, June 30th. Ten equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 485.19 ($6.00).

Antofagasta plc (LON:ANTO) opened at 537.50 on Friday. The firm’s market capitalization is GBX 5.30 billion. Antofagasta plc has a 52 week low of GBX 340.60 and a 52 week high of GBX 597.50. The firm has a 50-day moving average price of GBX 516.55 and a 200 day moving average price of GBX 477.92.

Related posts

Leave a Comment