Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly overvalued vs peers
About
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company produces copper cathodes and copper concentrates; molybdenum concentrates; and gold and silver by-products. It also provides rail and road cargo services to mining customers in northern Chile. In addition, the company has exploration projects in various countries. It has operations in the United Kingdom, Switzerland, Spain, Germany, rest of Europe, Chile, rest of Latin America, the United States, Japan, China, Singapore, South Korea, Hong Kong, and rest of Asia. The company was incorporated in 1888 and is headquartered in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Anstalt.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of ANTO.L is 4226 and suggests 10.1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat