Antofagasta plc (OTCMKTS:ANFGF) Given Average Rating of “Hold” by Analysts

Shares of Antofagasta plc (OTCMKTS:ANFGFGet Rating) have earned an average recommendation of “Hold” from the eleven analysts that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $1,526.50.

A number of equities analysts have issued reports on ANFGF shares. Jefferies Financial Group raised their price target on shares of Antofagasta from GBX 1,750 ($22.77) to GBX 1,950 ($25.37) in a research report on Wednesday, March 9th. Liberum Capital lowered shares of Antofagasta from a “hold” rating to a “sell” rating in a research report on Thursday, January 20th. JPMorgan Chase & Co. cut their target price on shares of Antofagasta from GBX 1,560 ($20.30) to GBX 1,550 ($20.17) in a report on Friday. Barclays raised shares of Antofagasta from an “underweight” rating to an “overweight” rating in a report on Friday, February 11th. Finally, Royal Bank of Canada reaffirmed a “sell” rating on shares of Antofagasta in a report on Wednesday.

ANFGF opened at $19.46 on Friday. Antofagasta has a 12-month low of $16.50 and a 12-month high of $27.80. The firm has a 50 day moving average of $21.16 and a two-hundred day moving average of $19.61.

About Antofagasta (Get Rating)

Antofagasta plc operates in the mining business. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 50% interest in the Zaldívar mine, and a 70% interest in the Antucoya mine located in Chile.

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Analyst Recommendations for Antofagasta (OTCMKTS:ANFGF)

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