Berenberg Bank Sticks to Its Buy Rating for Antofagasta (ANTO)
Berenberg Bank's Richard Hatch maintains a Buy rating for Antofagasta with a price target of p2,900.00, while shares closed at p2,795.00. Hatch, a 5-star analyst, has a 14.6% average return and a 54.64% success rate. Canaccord Genuity also issued a Buy rating, whereas RBC Capital maintained a Hold rating for Antofagasta.
In a report released yesterday, Richard Hatch from Berenberg Bank maintained a Buy rating on Antofagasta, with a price target of p2,900.00. The company’s shares closed yesterday at p2,795.00.
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According to TipRanks, Hatch is a 5-star analyst with an average return of 14.6% and a 54.64% success rate. Hatch covers the Basic Materials sector, focusing on stocks such as Rainbow Rare Earths, Wheaton Precious Metals, and Anglo American.
In addition to Berenberg Bank, Antofagasta also received a Buy from Canaccord Genuity’s Tim Huff in a report issued on November 11. However, on the same day, RBC Capital maintained a Hold rating on Antofagasta (LSE: ANTO).
