In a report released today, Ioannis Masvoulas from Morgan Stanley maintained a Hold rating on Antofagasta, with a price target of £29.70. The company’s shares opened today at p2,692.00.
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According to TipRanks, Masvoulas is a 4-star analyst with an average return of 5.9% and a 60.30% success rate. Masvoulas covers the Basic Materials sector, focusing on stocks such as Lundin Mining, Antofagasta, and Holmen AB.
In addition to Morgan Stanley, Antofagasta also received a Hold from Jefferies’s Chris LaFemina in a report issued on October 6. However, on October 1, Scotiabank downgraded Antofagasta (LSE: ANTO) to a Sell.
The company has a one-year high of p2,823.00 and a one-year low of p1,278.00. Currently, Antofagasta has an average volume of 1.02M.
Read More on GB:ANTO:
Disclaimer & DisclosureReport an Issue
- 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
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