Analyst Price Target is $1,375.00
▲ +6,690.12% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Antofagasta in the last 3 months. The average price target is $1,375.00, with a high forecast of $1,600.00 and a low forecast of $1,100.00. The average price target represents a 6,690.12% upside from the last price of $20.25.
Current Consensus is
The current consensus among 12 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 is a holding company, which engages in copper mining, transport, and water distribution businesses. It operates through the following segments: Los Pelambres; Centinela; Antucoya; Zaldívar; Exploration and Evaluation; Corporate and Other Items; and Transport division. The Los Pelambres segment produces copper concentrate and molybdenum as a by-product. The Centinela segment manufactures copper concentrate containing gold as a by-product and copper cathodes. The Antucoya and Zaldivar segments process copper cathodes. The Exploration and Evaluation segment incurs exploration and evaluation expenses. The Transport division segment provides rail and road cargo together with a number of ancillary services. The Corporate and Other Items segment comprises costs incurred by the Company, Antofagasta Minerals SA, the Group's mining corporate centre and other entities, that are not allocated to any individual business segment. The company was founded on April 7, 1982 and is headquartered in London, the United Kingdom.