Antofagasta plc (ANTO) Price Target Raised to GBX 1,000
Antofagasta plc (LON:ANTO) had its price target upped by Jefferies Group LLC from GBX 800 ($10.39) to GBX 1,000 ($12.98) in a research note released on Thursday morning, MarketBeat Ratings reports. Jefferies Group LLC currently has a hold rating on the mining company’s stock.
ANTO has been the subject of a number of other research reports. Deutsche Bank AG reiterated a hold rating and set a GBX 800 ($10.39) price target on shares of Antofagasta plc in a research note on Friday, May 5th. Macquarie reiterated a neutral rating and set a GBX 850 ($11.03) price target on shares of Antofagasta plc in a research note on Monday, June 19th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and set a GBX 650 ($8.44) price target on shares of Antofagasta plc in a research note on Monday, July 24th. Peel Hunt reiterated a hold rating and set a GBX 875 ($11.36) price target on shares of Antofagasta plc in a research note on Friday, July 28th. Finally, J P Morgan Chase & Co lifted their price target on Antofagasta plc from GBX 680 ($8.83) to GBX 740 ($9.61) and gave the company an underweight rating in a research note on Monday, June 5th. Nine equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 744.72 ($9.67).
Shares of Antofagasta plc (ANTO) opened at 1022.00 on Thursday. The stock’s 50 day moving average price is GBX 922.07 and its 200-day moving average price is GBX 841.08. The stock’s market capitalization is GBX 10.08 billion. Antofagasta plc has a 1-year low of GBX 473.00 and a 1-year high of GBX 1,042.82.
WARNING: “Antofagasta plc (ANTO) Price Target Raised to GBX 1,000” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/27/antofagasta-plc-anto-price-target-raised-to-gbx-1000.html.
The firm also recently announced a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, September 7th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a dividend 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.
Receive News & Stock Ratings for Antofagasta plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antofagasta plc and related stocks with our FREE daily email newsletter.