United States

Analyst Research Report Snapshot


Peel Hunt: Antofagasta (Buy) - Profitable growth with copper price upside




Peel Hunt


31 Jan 2014





Companies referenced:


Available for Immediate Download

Profitable growth with copper price upside Antofagasta offers investors strong cash generation, a healthy dividend and leveraged exposure to the copper market where current prices remain buoyant and sustained copper prices at these levels would likely result in an upgrade to our forecast and target price. Expansion opportunities offer stable profitable growth with a healthy margin of safety and operating cost exposure to the Chilean Peso is likely to be a tailwind in the near term. We initiate coverage on Antofagasta with a Buy recommendation and a target price of 982p. Maurice.Mason@peelhunt.com Michael.Stoner@peelhunt.com

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.