Antofagasta plc (OTCMKTS:ANFGF) Receives Consensus Recommendation of “Hold” from Analysts

Antofagasta plc (OTCMKTS:ANFGF) has been given a consensus recommendation of “Hold” by the six research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company.

A number of equities analysts recently weighed in on ANFGF shares. The Goldman Sachs Group raised Antofagasta from a “neutral” rating to a “buy” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Antofagasta in a research report on Friday, January 30th. Citigroup restated a “buy” rating on shares of Antofagasta in a research report on Tuesday, February 10th. Finally, UBS Group cut shares of Antofagasta from a “buy” rating to a “neutral” rating in a research report on Friday, January 30th.

Antofagasta Stock Performance

OTCMKTS:ANFGF opened at $60.00 on Tuesday. The company has a 50-day moving average of $49.33 and a 200-day moving average of $39.75. Antofagasta has a twelve month low of $17.45 and a twelve month high of $61.72.

Antofagasta Company Profile

Antofagasta PLC, trading on the London Stock Exchange and as ADRs on the OTC market under the symbol ANFGF, is a leading Chilean copper producer with integrated exploration and mining operations. Headquartered in Santiago, Chile, the company focuses on the extraction, processing and sale of copper concentrates, cathodes and related by-products such as molybdenum. Its core assets include the Los Pelambres, Centinela, Antucoya and Zaldivar mines, which leverage advanced technologies and large-scale infrastructure to optimise productivity and resource recovery.

Founded in the late nineteenth century as a regional railway operator, Antofagasta has transitioned into a global mining group with a diversified portfolio of operations and investments.