---
title: "J.P. Morgan Reaffirms Their Buy Rating on Antofagasta (ANTO)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264774844.md"
description: "J.P. Morgan analyst Patrick Jones has reaffirmed a Buy rating on Antofagasta (ANTO), with shares closing at p2,746.00. Jones, who specializes in the Basic Materials sector, has an average return of 18.9% and a 54.55% success rate on his recommendations. Additionally, Berenberg Bank also issued a Buy rating for Antofagasta, while RBC Capital maintained a Hold rating on October 27."
datetime: "2025-11-07T03:15:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264774844.md)
  - [en](https://longbridge.com/en/news/264774844.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264774844.md)
---

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# J.P. Morgan Reaffirms Their Buy Rating on Antofagasta (ANTO)

J.P. Morgan analyst Patrick Jones reiterated a Buy rating on Antofagasta yesterday. The company’s shares closed yesterday at p2,746.00.

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Jones covers the Basic Materials sector, focusing on stocks such as Antofagasta, Lundin Mining, and FRESNILLO. According to TipRanks, Jones has an average return of 18.9% and a 54.55% success rate on recommended stocks.

In addition to J.P. Morgan, Antofagasta also received a Buy from Berenberg Bank’s Richard Hatch in a report issued on October 24. However, on October 27, RBC Capital maintained a Hold rating on Antofagasta (LSE: ANTO).

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