Barclays Raises Antofagasta (ANTO) Price Target to GBX 995

Antofagasta (LON:ANTO) had its price target upped by Barclays from GBX 920 ($12.48) to GBX 995 ($13.49) in a report released on Monday morning. The firm currently has an equal weight rating on the mining company’s stock.

Several other equities research analysts have also weighed in on ANTO. Peel Hunt reiterated a hold rating and issued a GBX 1,000 ($13.56) price objective on shares of Antofagasta in a research note on Tuesday, November 21st. Macquarie lowered their price objective on Antofagasta from GBX 940 ($12.75) to GBX 920 ($12.48) and set a neutral rating on the stock in a research note on Thursday, October 26th. Investec upgraded Antofagasta to a buy rating and upped their price objective for the company from GBX 957 ($12.98) to GBX 1,046 ($14.18) in a research note on Friday, September 29th. Liberum Capital upped their price objective on Antofagasta from GBX 420 ($5.70) to GBX 535 ($7.26) and gave the company a sell rating in a research note on Monday, November 27th. Finally, Deutsche Bank reiterated a sell rating and issued a GBX 800 ($10.85) price objective on shares of Antofagasta in a research note on Thursday, October 26th. Nine equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Antofagasta presently has an average rating of Hold and an average price target of GBX 819.22 ($11.11).

Shares of Antofagasta (LON ANTO) opened at GBX 1,025.50 ($13.91) on Monday. Antofagasta has a 12 month low of GBX 11.12 ($0.15) and a 12 month high of GBX 1,071 ($14.52). The firm has a market capitalization of $10,030.00 and a P/E ratio of 4,272.92.

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About Antofagasta

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.

Analyst Recommendations for Antofagasta (LON:ANTO)

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