Jefferies Group LLC Reiterates Hold Rating for Antofagasta plc (ANTO)
Antofagasta plc (LON:ANTO)‘s stock had its “hold” rating reiterated by analysts at Jefferies Group LLC in a research report issued on Monday. They currently have a GBX 800 ($10.35) target price on the mining company’s stock. Jefferies Group LLC’s price target indicates a potential upside of 1.33% from the company’s current price.
A number of other equities research analysts also recently weighed in on the stock. Liberum Capital reiterated a “sell” rating and set a GBX 400 ($5.17) price target on shares of Antofagasta plc in a research note on Wednesday, May 10th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 800 ($10.35) price target on shares of Antofagasta plc in a research note on Friday, May 5th. Barclays PLC reiterated an “equal weight” rating and set a GBX 790 ($10.22) price target on shares of Antofagasta plc in a research note on Wednesday, May 3rd. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 680 ($8.79) price target on shares of Antofagasta plc in a research note on Tuesday, April 25th. Finally, Goldman Sachs Group Inc downgraded shares of Antofagasta plc to a “sell” rating and decreased their price target for the stock from GBX 800 ($10.35) to GBX 650 ($8.41) in a research note on Tuesday, April 25th. Eight investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. Antofagasta plc currently has an average rating of “Hold” and a consensus target price of GBX 708.39 ($9.16).
Antofagasta plc (LON:ANTO) opened at 788.50 on Monday. The firm’s 50-day moving average is GBX 816.18 and its 200-day moving average is GBX 756.47. The company’s market capitalization is GBX 7.77 billion. Antofagasta plc has a 1-year low of GBX 394.50 and a 1-year high of GBX 905.41.
The firm also recently declared a dividend, which will be paid on Friday, May 26th. Investors of record on Thursday, April 27th will be issued a €0.15 ($0.17) dividend. This represents a dividend yield of 1.6%. This is a boost from Antofagasta plc’s previous dividend of $0.10. The ex-dividend date of this dividend is Thursday, April 27th.
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Antofagasta plc Company Profile
Antofagasta plc is a copper mining company. The Company is engaged in by-product production and has interests in transport. The Company’s segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items.
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