Antofagasta’s (ANTO) Sector perform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of Antofagasta (LON:ANTO) in a research report sent to investors on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 2,700 target price on the mining company’s stock.

Several other research firms have also commented on ANTO. Canaccord Genuity Group increased their price target on shares of Antofagasta from GBX 2,125 to GBX 3,165 and gave the company a “buy” rating in a research report on Tuesday, November 11th. JPMorgan Chase & Co. upped their target price on Antofagasta from GBX 3,400 to GBX 3,500 and gave the company an “overweight” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft raised their price target on Antofagasta from GBX 2,300 to GBX 2,400 and gave the stock a “hold” rating in a research report on Wednesday, November 26th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 2,900 price target on shares of Antofagasta in a report on Friday, November 7th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Antofagasta currently has an average rating of “Moderate Buy” and an average price target of GBX 2,827.50.

Antofagasta Stock Up 1.4%

Shares of LON ANTO opened at GBX 3,595 on Wednesday. The company has a debt-to-equity ratio of 65.33, a current ratio of 2.14 and a quick ratio of 2.78. The business has a 50-day moving average of GBX 3,101.23 and a two-hundred day moving average of GBX 2,595.95. Antofagasta has a 1 year low of GBX 1,278 and a 1 year high of GBX 3,678. The company has a market capitalization of £35.44 billion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of -1.08 and a beta of 1.00.

Antofagasta Company Profile

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.