Berenberg Bank analyst Richard Hatch maintained a Buy rating on Antofagasta today and set a price target of £29.00. The company’s shares opened today at p2,692.00.
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According to TipRanks, Hatch is a 5-star analyst with an average return of 14.8% and a 54.00% success rate. Hatch covers the Basic Materials sector, focusing on stocks such as Anglo American, Ecora Resources, and Antofagasta.
In addition to Berenberg Bank, Antofagasta also received a Buy from Citi’s Ephrem Ravi in a report issued on September 26. However, today, Morgan Stanley maintained a Hold rating on Antofagasta (LSE: ANTO).
ANTO market cap is currently £26.6B and has a P/E ratio of 31.53.
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
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