Antofagasta (LON:ANTO)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group in a report issued on Monday.
Several other brokerages have also recently weighed in on ANTO. Berenberg Bank upped their price objective on shares of Antofagasta from GBX 690 ($9.29) to GBX 760 ($10.23) and gave the stock a “sell” rating in a research note on Friday, September 8th. Liberum Capital reaffirmed a “sell” rating and set a GBX 420 ($5.65) price objective on shares of Antofagasta in a research note on Wednesday, October 25th. Macquarie reaffirmed a “neutral” rating and set a GBX 930 ($12.52) price objective on shares of Antofagasta in a research note on Wednesday, August 30th. Barclays upped their price objective on shares of Antofagasta from GBX 790 ($10.63) to GBX 965 ($12.99) and gave the stock an “equal weight” rating in a research note on Tuesday, October 24th. Finally, Citigroup reaffirmed a “buy” rating and set a GBX 1,100 ($14.80) price objective on shares of Antofagasta in a research note on Thursday, August 24th. Nine analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 815.33 ($10.97).
Shares of Antofagasta (LON ANTO) opened at GBX 936.50 ($12.60) on Monday. Antofagasta has a 52 week low of GBX 648 ($8.72) and a 52 week high of GBX 1,071 ($14.41).
TRADEMARK VIOLATION NOTICE: This article was posted by Community Financial News and is the property of of Community Financial News. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.com-unik.info/2017/12/18/jefferies-group-reaffirms-buy-rating-for-antofagasta-anto.html.
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
Receive News & Ratings for Antofagasta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta and related companies with MarketBeat.com's FREE daily email newsletter.