Antofagasta’s (ANTO) “Underweight” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their underweight rating on shares of Antofagasta (LON:ANTO) in a research report released on Friday morning, MarketBeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Antofagasta from GBX 2,100 ($26.45) to GBX 2,000 ($25.19) and set a “hold” rating for the company in a research note on Monday, September 9th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 1,948.57 ($24.54).

Antofagasta Stock Down 1.5 %

Shares of Antofagasta stock opened at GBX 1,664.50 ($20.96) on Friday. The company has a quick ratio of 2.78, a current ratio of 2.14 and a debt-to-equity ratio of 47.84. Antofagasta has a 52-week low of GBX 1,385.50 ($17.45) and a 52-week high of GBX 2,425 ($30.54). The stock has a market capitalization of £16.41 billion, a P/E ratio of 2,821.19, a P/E/G ratio of -1.08 and a beta of 1.00. The business has a 50 day moving average price of GBX 1,809.05.

Antofagasta Company Profile

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries.