Credit Suisse restated their underperform rating on shares of Antofagasta (LON:ANTO) in a report issued on Tuesday, Stock Ratings News reports. They currently have a GBX 900 ($14.73) target price on the stock.
Credit Suisse has also updated their ratings on a number of other stocks in the last week. The firm reiterated its outperform rating on shares of Vodafone. Also, Credit Suisse downgraded shares of Petrobras Energia Participaciones SA to an underperform rating. Finally, Credit Suisse downgraded shares of Petroleo Brasileiro SA from an outperform rating to an underperform rating. Their analysts now have a $14.00 price target on that stock, down previously from $25.00. They noted that the move was a valuation call.
ANTO has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a hold rating on shares of Antofagasta in a research note to investors on Tuesday. They now have a GBX 1,035 ($16.94) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a sell rating on shares of Antofagasta in a research note to investors on Monday. They now have a GBX 770 ($12.61) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a neutral rating on shares of Antofagasta in a research note to investors on Monday. They now have a GBX 775 ($12.69) price target on the stock. Eight research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 951.17 ($15.57).
Shares of Antofagasta (LON:ANTO) opened at 763.50 on Tuesday. Antofagasta has a 1-year low of GBX 768.00 and a 1-year high of GBX 1392.00. The stock’s 50-day moving average is GBX 840.6 and its 200-day moving average is GBX 868.3. The company’s market cap is £7.527 billion.
Antofagasta plc (LON:ANTO), is a Chile-based copper mining company with interests in transport and water distribution.
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