Antofagasta plc (ANTO) Receives Consensus Rating of “Hold” from Analysts
Antofagasta plc (LON:ANTO) has been given an average recommendation of “Hold” by the nineteen analysts that are presently covering the firm, MarketBeat reports. Nine analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 772.83 ($10.20).
Several brokerages have issued reports on ANTO. Berenberg Bank lifted their price target on shares of Antofagasta plc from GBX 690 ($9.11) to GBX 760 ($10.03) and gave the company a “sell” rating in a research note on Friday, September 8th. Liberum Capital reiterated a “sell” rating and issued a GBX 420 ($5.54) price target on shares of Antofagasta plc in a research note on Wednesday, October 25th. Macquarie reiterated a “neutral” rating and issued a GBX 930 ($12.27) price target on shares of Antofagasta plc in a research note on Wednesday, August 30th. Jefferies Group LLC upgraded shares of Antofagasta plc to a “buy” rating in a research note on Thursday, August 31st. Finally, Barclays PLC lifted their price target on shares of Antofagasta plc from GBX 790 ($10.42) to GBX 965 ($12.73) and gave the company an “equal weight” rating in a research note on Tuesday, October 24th.
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Shares of Antofagasta plc (LON:ANTO) opened at 988.50 on Wednesday. Antofagasta plc has a one year low of GBX 526.50 and a one year high of GBX 1,071.00. The company’s market capitalization is GBX 9.75 billion. The company has a 50-day moving average of GBX 973.84 and a 200-day moving average of GBX 893.32.
The business also recently announced a dividend, which was paid on Friday, October 6th. Investors of record on Thursday, September 7th were issued a dividend of $0.10 per share. This represents a dividend yield of 0.79%. The ex-dividend date was Thursday, September 7th.
About Antofagasta plc
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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