Analysts Offer Insights on Materials Companies: Antofagasta (GB:ANTO), Capricorn Metals Ltd (AU:CMM) and Aurubis (GB:0K7F)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Antofagasta (GB:ANTO – Research Report), Capricorn Metals Ltd (AU:CMM – Research Report) and Aurubis (GB:0K7F – Research Report).

Antofagasta (GB:ANTO)

In a report released yesterday, Patrick Jones from J.P. Morgan reiterated a Sell rating on Antofagasta. The company’s shares closed last Wednesday at p2304.00.

According to TipRanks.com, Jones is a 1-star analyst with an average return of -3.0% and a 43.8% success rate. Jones covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Anglo American, and Lundin Mining.

The word on The Street in general, suggests a Hold analyst consensus rating for Antofagasta with a p1632.86 average price target.

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Capricorn Metals Ltd (AU:CMM)

In a report issued on April 8, Jon Bishop from Jarden maintained a Buy rating on Capricorn Metals Ltd, with a price target of A$5.07. The company’s shares closed last Wednesday at A$5.32.

According to TipRanks.com, Bishop is a 3-star analyst with an average return of 7.1% and a 61.5% success rate. Bishop covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Core Lithium Ltd, and IGO.

Capricorn Metals Ltd has an analyst consensus of Hold, with a price target consensus of A$5.07.

Aurubis (GB:0K7F)

In a report released yesterday, Simon Jouck from Hauck & Aufhaeuser maintained a Buy rating on Aurubis, with a price target of EUR81.00. The company’s shares closed yesterday at EUR70.36, close to its 52-week high of EUR71.85.

According to TipRanks.com, Jouck is ranked #6813 out of 8799 analysts.

Aurubis has an analyst consensus of Moderate Buy, with a price target consensus of EUR84.67.

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Read More on GB:ANTO:

• 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
• Antofagasta (ANTO) Unveils Dividend Details for Q2: Mark Your Calendar!