Antofagasta plc (ANTO) Shares Up 2.4%
Shares of Antofagasta plc (LON:ANTO) shot up 2.4% during trading on Monday . The stock traded as high as GBX 960.50 ($12.95) and last traded at GBX 953.50 ($12.86). 2,678,458 shares were traded during trading, an increase of 4% from the average session volume of 2,563,970 shares. The stock had previously closed at GBX 931.50 ($12.56).
Several equities analysts have recently issued reports on the stock. Berenberg Bank boosted their price target on shares of Antofagasta plc from GBX 690 ($9.30) to GBX 760 ($10.25) and gave the company a “sell” rating in a report on Friday, September 8th. Macquarie reissued a “neutral” rating and issued a GBX 930 ($12.54) price target on shares of Antofagasta plc in a report on Wednesday, August 30th. Jefferies Group LLC raised shares of Antofagasta plc to a “buy” rating in a report on Thursday, August 31st. Citigroup Inc. reissued a “buy” rating and issued a GBX 1,100 ($14.83) price target on shares of Antofagasta plc in a report on Thursday, August 24th. Finally, HSBC Holdings plc boosted their price target on shares of Antofagasta plc from GBX 720 ($9.71) to GBX 730 ($9.84) and gave the company a “reduce” rating in a report on Wednesday, August 23rd. Nine equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Antofagasta plc currently has a consensus rating of “Hold” and a consensus target price of GBX 755.28 ($10.18).
The firm’s market cap is GBX 9.40 billion. The company has a 50 day moving average of GBX 979.99 and a 200 day moving average of GBX 860.02.
The firm also recently disclosed a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, September 7th will be issued a dividend of $0.10 per share. This represents a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, September 7th.
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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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