Credit Suisse Group Lowers Antofagasta (OTCMKTS:ANFGF) Price Target to GBX 1,350

Antofagasta (OTCMKTS:ANFGFGet Free Report) had its price objective dropped by stock analysts at Credit Suisse Group from GBX 1,550 ($20.27) to GBX 1,350 ($17.65) in a note issued to investors on Thursday, FlyOnTheWall reports.

Several other analysts have also recently issued reports on the stock. Peel Hunt upgraded shares of Antofagasta from a “reduce” rating to a “hold” rating in a research report on Monday, April 24th. UBS Group upgraded shares of Antofagasta from a “sell” rating to a “neutral” rating in a report on Tuesday, April 18th. Barclays cut their price target on shares of Antofagasta from GBX 1,350 ($17.65) to GBX 1,270 ($16.61) in a report on Monday, July 10th. Morgan Stanley cut their price target on shares of Antofagasta from GBX 1,640 ($21.44) to GBX 1,390 ($18.17) in a report on Thursday, March 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Antofagasta from GBX 1,230 ($16.08) to GBX 1,140 ($14.91) in a research note on Friday, July 14th. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat.com, Antofagasta has an average rating of “Hold” and a consensus price target of $1,102.58.

Antofagasta Stock Performance

ANFGF opened at $19.25 on Thursday. Antofagasta has a fifty-two week low of $11.34 and a fifty-two week high of $22.95. The firm’s fifty day moving average is $18.36 and its 200 day moving average is $19.14.

Antofagasta Company Profile

(Get Free Report)

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile.

Featured Articles

Analyst Recommendations for Antofagasta (OTCMKTS:ANFGF)

Receive News & Ratings for Antofagasta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta and related companies with MarketBeat.com's FREE daily email newsletter.