Analyst Price Target is $1,525.00
▲ +7,372.19% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Antofagasta in the last 3 months. The average price target is $1,525.00, with a high forecast of $1,600.00 and a low forecast of $1,450.00. The average price target represents a 7,372.19% upside from the last price of $20.41.
Current Consensus is
The current consensus among 14 contributing investment analysts is to hold stock in Antofagasta. This rating has held steady since March 2020, when it changed from a Sell consensus rating.
Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile and internationally. It operates through Los Pelambres, Centinela, Antucoya, ZaldÃvar, Exploration and Evaluation, and Transport segments. The company explores for copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes. It holds a 60% interest in the Los Pelambres mine; a 70% interest in the Centinela mine; a 50% interest in the ZaldÃvar mine; and a 70% interest in the Antucoya mine located in Chile. The company also provides rail and road cargo, and other ancillary services. In addition, it offers rail and truck services to the mining industry in the Antofagasta Region. The company was incorporated in 1888 and is based in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Establishment.