Trade Report: Today, Antofagasta plc (ANTO) Receives “Neutral” Rating from BNP Paribas

Today, Antofagasta plc (ANTO) Receives “Neutral” Rating from BNP Paribas

Antofagasta plc (LON:ANTO)‘s stock had its “neutral” rating reissued by analysts at BNP Paribas in a research note issued to investors on Thursday. They currently have a GBX 545 ($7.11) price objective on the mining company’s stock. BNP Paribas’ price target indicates a potential upside of 1.58% from the stock’s previous close.

Several other analysts have also recently issued reports on ANTO. Canaccord Genuity cut shares of Antofagasta plc to a “hold” rating and dropped their price objective for the company from GBX 550 ($7.18) to GBX 475 ($6.20) in a research note on Thursday, June 9th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Antofagasta plc in a research note on Wednesday, June 22nd. Goldman Sachs Group Inc. upped their price objective on shares of Antofagasta plc from GBX 250 ($3.26) to GBX 280 ($3.65) and gave the company a “sell” rating in a research note on Tuesday, June 28th. Haitong Bank raised shares of Antofagasta plc to a “buy” rating and dropped their price objective for the company from GBX 553 ($7.22) to GBX 484 ($6.32) in a research note on Thursday, June 30th. Finally, Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 360 ($4.70) price objective on shares of Antofagasta plc in a research note on Thursday, June 30th. Ten research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 485.41 ($6.34).

Shares of Antofagasta plc (LON:ANTO) traded down 0.56% during trading on Thursday, reaching GBX 536.50. 1,900,860 shares of the company traded hands. Antofagasta plc has a 52 week low of GBX 340.60 and a 52 week high of GBX 610.50. The firm’s 50 day moving average price is GBX 516.94 and its 200-day moving average price is GBX 475.55. The company’s market capitalization is GBX 5.29 billion.

10/06/antofagasta-plc-anto-receives-neutral-rating-from-bnp-paribas.html

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