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Copper Expansion And Water Efficiency Will Secure Future Production

Published
15 Mar 25
Updated
28 Aug 25
AnalystConsensusTarget's Fair Value
UK£20.36
6.0% overvalued intrinsic discount
28 Aug
UK£21.58
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1Y
17.9%
7D
1.0%

Author's Valuation

UK£20.4

6.0% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on27 Aug 25
Fair value Increased 2.30%

Analysts have raised Antofagasta’s price target to £20.36, citing higher copper price forecasts, confidence in production growth and cost control, and sector tailwinds, though some caution remains due to commodity volatility. Analyst Commentary Bullish analysts cite improving copper price forecasts driven by robust global demand and supply constraints as a key reason for upward price target revisions.

Shared on01 May 25
Fair value Increased 8.16%

Shared on24 Apr 25
Fair value Decreased 0.22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Increased 0.49%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 5.12%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 0.94%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 0.052%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 2.62%

AnalystConsensusTarget has decreased revenue growth from 11.9% to 10.1%.