Liberum Capital Increases Antofagasta plc (ANTO) Price Target to GBX 420
Antofagasta plc (LON:ANTO) had its price objective raised by Liberum Capital from GBX 400 ($5.19) to GBX 420 ($5.45) in a research report report published on Tuesday. The brokerage currently has a sell rating on the mining company’s stock.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank AG restated a sell rating on shares of Antofagasta plc in a report on Thursday, June 22nd. J P Morgan Chase & Co restated an underweight rating and issued a GBX 680 ($8.83) target price on shares of Antofagasta plc in a report on Tuesday, April 25th. Barclays PLC restated an equal weight rating and issued a GBX 790 ($10.26) target price on shares of Antofagasta plc in a report on Wednesday, May 3rd. Berenberg Bank restated a sell rating and issued a GBX 650 ($8.44) target price on shares of Antofagasta plc in a report on Wednesday, July 12th. Finally, HSBC Holdings plc lowered their target price on shares of Antofagasta plc from GBX 730 ($9.48) to GBX 720 ($9.35) and set a reduce rating for the company in a report on Friday, July 14th. Nine research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 744.72 ($9.67).
Shares of Antofagasta plc (ANTO) opened at 1022.00 on Tuesday. Antofagasta plc has a one year low of GBX 473.00 and a one year high of GBX 1,042.82. The stock’s market capitalization is GBX 10.08 billion. The firm’s 50-day moving average is GBX 922.07 and its 200-day moving average is GBX 841.08.
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The business also recently disclosed a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, September 7th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 0.79%.
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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