Antofagasta plc (LON:ANTO)‘s stock had its “neutral” rating reissued by analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. They currently have a GBX 390 ($4.84) target price on the mining company’s stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 45.96% from the stock’s previous close.
ANTO has been the topic of several other research reports. Peel Hunt restated a “hold” rating on shares of Antofagasta plc in a research report on Monday. Canaccord Genuity raised their price target on shares of Antofagasta plc from GBX 475 ($5.89) to GBX 505 ($6.26) and gave the stock a “hold” rating in a research note on Thursday, August 4th. Credit Suisse Group AG reissued an “underperform” rating and issued a GBX 400 ($4.96) price target on shares of Antofagasta plc in a research note on Thursday, August 11th. BNP Paribas raised their price target on shares of Antofagasta plc from GBX 500 ($6.20) to GBX 545 ($6.76) and gave the stock a “neutral” rating in a research note on Wednesday, August 17th. Finally, Barclays PLC reaffirmed an “equal weight” rating on shares of Antofagasta plc in a research note on Thursday, November 10th. Ten equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the stock. Antofagasta plc has a consensus rating of “Hold” and a consensus price target of GBX 511.86 ($6.35).
Shares of Antofagasta plc (LON:ANTO) opened at 707.96 on Tuesday. The company’s market capitalization is GBX 6.98 billion. The stock has a 50 day moving average of GBX 598.97 and a 200-day moving average of GBX 511.05. Antofagasta plc has a 12-month low of GBX 340.60 and a 12-month high of GBX 789.00.