In a report released on October 10, Matt Greene from Goldman Sachs maintained a Hold rating on Antofagasta, with a price target of £26.00. The company’s shares closed last Friday at p2,701.00.
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Greene covers the Basic Materials sector, focusing on stocks such as Lundin Mining, Antofagasta, and Glencore. According to TipRanks, Greene has an average return of 6.0% and a 52.26% success rate on recommended stocks.
In addition to Goldman Sachs, Antofagasta also received a Hold from Barclays’s Ian Rossouw CFA in a report issued on October 10. However, on the same day, J.P. Morgan maintained a Buy rating on Antofagasta (LSE: ANTO).
ANTO market cap is currently £26.55B and has a P/E ratio of 31.47.
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- Antofagasta price target raised to 3,500 GBp from 2,500 GBp at JPMorgan
- Antofagasta price target raised to 2,970 GBp from 1,940 GBp at Morgan Stanley
- Antofagasta price target raised to 2,900 GBp from 2,200 GBp at Berenberg
- Antofagasta downgraded to Underperform from Sector Perform at Scotiabank
- Antofagasta price target raised to 3,000 GBp from 2,400 GBp at Citi
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