Antofagasta plc (LON:ANTO) shares were down 1.7% during mid-day trading on Tuesday . The company traded as low as GBX 877 ($11.80) and last traded at GBX 884.50 ($11.90). Approximately 3,726,620 shares changed hands during mid-day trading, an increase of 36% from the average daily volume of 2,750,000 shares. The stock had previously closed at GBX 899.50 ($12.11).
Several research analysts have issued reports on ANTO shares. Jefferies Group upgraded shares of Antofagasta to a “buy” rating in a report on Thursday, August 31st. Barclays raised their price target on shares of Antofagasta from GBX 790 ($10.63) to GBX 965 ($12.99) and gave the stock an “equal weight” rating in a report on Tuesday, October 24th. Liberum Capital raised their price target on shares of Antofagasta from GBX 420 ($5.65) to GBX 535 ($7.20) and gave the stock a “sell” rating in a report on Monday, November 27th. Peel Hunt raised their price target on shares of Antofagasta from GBX 875 ($11.78) to GBX 1,000 ($13.46) and gave the stock a “hold” rating in a report on Friday, September 22nd. Finally, Deutsche Bank restated a “sell” rating on shares of Antofagasta in a report on Friday, September 15th. Nine research 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. Antofagasta has an average rating of “Hold” and a consensus target price of GBX 815.33 ($10.97).
Antofagasta Company Profile
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 plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta plc and related companies with MarketBeat.com's FREE daily email newsletter.