JPMorgan Chase Lowers Antofagasta Price Target to GBP 4,300

JPMorgan Chase & Co. has lowered its price target for Antofagasta (LON:ANTO) from GBX 4,500 to GBX 4,300 in a note issued to investors on Friday.

The brokerage currently maintains an 'overweight' rating on the mining company's stock and expects a potential upside of 18.98% from its current price.

This is not the first time analysts have weighed in on Antofagasta, with several other equities analysts recently issuing their own ratings and price targets for the company.