Antofagasta’s (ANTO) Sell Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their sell rating on shares of Antofagasta (LON:ANTO) in a report published on Thursday morning, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 3,100 price objective on the mining company’s stock.

A number of other research analysts have also recently weighed in on ANTO. Morgan Stanley cut Antofagasta to an “underweight” rating and dropped their price target for the company from GBX 3,070 to GBX 3,050 in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. increased their price objective on Antofagasta from GBX 3,100 to GBX 3,200 and gave the company a “neutral” rating in a research note on Friday, April 10th. Canaccord Genuity Group lowered Antofagasta to a “hold” rating and increased their price objective for the company from GBX 3,165 to GBX 4,100 in a research note on Wednesday, February 4th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 2,800 price objective on shares of Antofagasta in a research note on Friday, April 10th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 3,700 price objective on shares of Antofagasta in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Antofagasta presently has a consensus rating of “Reduce” and a consensus target price of GBX 3,243.75.

Antofagasta Trading Up 3.2%

Shares of ANTO stock opened at GBX 3,892.50 on Thursday. Antofagasta has a fifty-two week low of GBX 1,526.50 and a fifty-two week high of GBX 4,475. The stock has a market cap of £38.37 billion, a P/E ratio of 28.88, a P/E/G ratio of -1.08 and a beta of 1.38. The business has a fifty day simple moving average of GBX 3,702.96 and a 200-day simple moving average of GBX 3,273.68. The company has a quick ratio of 2.78, a current ratio of 2.90 and a debt-to-equity ratio of 74.56.

Antofagasta (LON:ANTO) last announced its quarterly earnings results on Tuesday, February 17th. The mining company reported GBX 129.30 earnings per share for the quarter. Antofagasta had a return on equity of 10.67% and a net margin of 15.90%. On average, analysts forecast that Antofagasta will post 87.0403995 earnings per share for the current fiscal year.

More Antofagasta News

Here are the key news stories impacting Antofagasta this week:

• Positive Sentiment: Strong Q1 cost performance reported, led by Los Pelambres and Centinela, which should support margins and cash generation even with lower volumes. Antofagasta Reports Strong Q1 2026 Cost Performance
• Positive Sentiment: Q1 copper output fell ~8% but topped consensus and management says it expects a recovery through the year and to meet full‑year guidance — a near‑term softness but confirmation of targets can reassure investors. Antofagasta copper output falls 8% in Q1, expects recovery through the year
• Neutral Sentiment: Company reiterated its 2026 production outlook and full‑year targets — supportive for stability but offers limited upside without better near‑term volumes or commodity prices. Antofagasta quarterly copper production falls, maintains 2026 targets
• Neutral Sentiment: Management signalled interest in Argentina’s copper opportunities — potential long‑term growth optionality but currently exploratory and not an immediate earnings driver. Antofagasta signals interest in Argentina copper rush
• Negative Sentiment: Deutsche Bank reaffirmed a “sell” rating with a GBX 3,100 price target — a bearish broker call that can weigh on sentiment and pressure the share price. Broker ratings (Deutsche Bank)
• Negative Sentiment: Berenberg moved the stock to “hold” (lowering its stance), and Jefferies also has a hold on the name at a GBX 3,700 target — mixed-to-cautious broker sentiment that limits immediate upside. Berenberg lowers Antofagasta to ‘hold’
• Negative Sentiment: Global copper benchmarks (LME & SHFE) closed lower overnight, a short‑term headwind for revenue and sentiment across miners. Copper markets closed lower overnight

About Antofagasta

Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.