Antofagasta (LON:ANTO – Get Free Report)‘s stock had its “underweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 1,700 ($21.16) target price on the mining company’s stock. JPMorgan Chase & Co.‘s target price points to a potential downside of 25.08% from the company’s current price.
Other equities research analysts also recently issued reports about the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,550 ($19.30) target price on shares of Antofagasta in a report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 1,500 ($18.67) target price on shares of Antofagasta in a report on Thursday. Citigroup reiterated a “buy” rating and set a GBX 2,100 ($26.14) target price on shares of Antofagasta in a report on Wednesday, January 31st. Bank of America reiterated a “buy” rating on shares of Antofagasta in a report on Thursday, April 11th. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 1,925 ($23.96) price objective on shares of Antofagasta in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,648.33 ($20.52).
Check Out Our Latest Stock Report on ANTO
Antofagasta Stock Performance
About Antofagasta
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile.
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