Scotiabank raised the firm’s price target on Antofagasta to 21 GBp from 19 GBp and keeps a Sector Perform rating on the shares. The firm expects most miners to post lower Q1 results due to weaker seasonal performance, the analyst told investors. However, despite this challenging operating environment, the firm does not expect any material guidance changes this quarter.
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Read More on ANFGF:
- Antofagasta price target raised to 1,500 GBp from 1,450 GBp at Deutsche Bank
- Antofagasta price target raised to 1,690 GBp from 1,360 GBp at Morgan Stanley
- Antofagasta downgraded to Sector Perform from Outperform at RBC Capital
- Antofagasta downgraded to Underweight from Equal Weight at Barclays
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