A statement released earlier today by Deutsche Bank about Antofagasta PLC (LON:ANTO) bumps the target price to 610.00GBX
- Updated: October 9, 2016
Deutsche Bank bumped up the target of Antofagasta PLC (LON:ANTO) to 610.00GBX stating a potential upside of 0.13%.
On 9/21/2016, Barclays Capital released a statement for Antofagasta PLC (LON:ANTO) bumped up the target price from 410.00GBX to 460.00GBX that suggested a downside of -0.07%.
Boasting a price of 537.50GBX, Antofagasta PLC (LON:ANTO) traded 0.45% higher on the day. The last stock close price is up 16.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of 517.14GBX and a 200-day moving average of 476.06GBX. 241,651 shares of the stock were exchanged, down from an average trading volume of 2,934,250
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Antofagasta PLC has a 52 week low of 340.60GBX and a 52 week high of 610.50GBX The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is 5.84GBX with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 10 firms rating the stock a hold, 7 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.
About Antofagasta PLC (LON:ANTO)
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. Its operating divisions include Mining and Transport. The mining division includes Los Pelambres, Centinela, Antucoya and Zaldivar. The transport division operates the main cargo transport system in the Antofagasta Region of Chile, moving goods and materials, such as sulfuric acid and copper cathodes to and from mines by road and rail network. The transport division provides rail and road cargo services in northern Chile. Its mining operations produce copper with by-products of gold, molybdenum and silver. Los Pelambres and Centinela produce copper concentrate containing gold and silver. The Centinela, Antucoya and Zaldivar produce copper cathodes.
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