RBC Capital analyst Ben Davis maintained a Hold rating on Antofagasta today and set a price target of £19.00. The company’s shares closed today at p2,684.00.
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According to TipRanks, Davis is a 4-star analyst with an average return of 9.0% and a 66.13% success rate. Davis covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Glencore, and Anglo American.
In addition to RBC Capital, Antofagasta also received a Hold from Bernstein’s Bob Brackett in a report issued on September 25. However, yesterday, Scotiabank downgraded Antofagasta (LSE: ANTO) to a Sell.
ANTO market cap is currently £26.62B and has a P/E ratio of 32.15.
Read More on GB:ANTO:
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- Antofagasta downgraded to Underperform from Sector Perform at Scotiabank
- Antofagasta price target raised to 3,000 GBp from 2,400 GBp at Citi
- Antofagasta downgraded to Market Perform from Outperform at Bernstein
- Antofagasta PLC Announces Interim Dividend Payment Details
- Antofagasta PLC Prices $600 Million in Senior Unsecured Notes