Deutsche Bank Aktiengesellschaft Increases Antofagasta (OTCMKTS:ANFGF) Price Target to $1,200.00

Antofagasta (OTCMKTS:ANFGFGet Rating) had its price objective boosted by Deutsche Bank Aktiengesellschaft from $1,050.00 to $1,200.00 in a research note issued to investors on Wednesday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. Barclays reduced their price target on Antofagasta from GBX 1,350 ($15.96) to GBX 1,275 ($15.08) in a report on Friday, October 21st. Credit Suisse Group lifted their price target on Antofagasta from GBX 1,020 ($12.06) to GBX 1,050 ($12.42) in a report on Thursday, October 20th. BNP Paribas cut Antofagasta to a sell rating and set a $10.60 price target for the company. in a report on Thursday, October 6th. Morgan Stanley upgraded Antofagasta from an underweight rating to an equal weight rating in a report on Tuesday, October 18th. Finally, Scotiabank reduced their price objective on Antofagasta from GBX 1,250 ($14.78) to GBX 1,150 ($13.60) in a report on Thursday, October 13th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Antofagasta presently has an average rating of Hold and a consensus target price of $1,138.69.

Antofagasta Stock Up 2.6 %

OTCMKTS:ANFGF opened at $16.16 on Wednesday. The stock’s 50-day simple moving average is $13.41 and its 200 day simple moving average is $14.34. Antofagasta has a 52-week low of $11.34 and a 52-week high of $23.45.

About Antofagasta

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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.

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