Antofagasta plc (ANTO) Stock Price Down 2.1%
Antofagasta plc (LON:ANTO)’s share price traded down 2.1% during trading on Tuesday . The stock traded as low as GBX 1,011.91 ($13.45) and last traded at GBX 1,012 ($13.45). 3,013,834 shares changed hands during trading, an increase of 5% from the average session volume of 2,870,380 shares. The stock had previously closed at GBX 1,034 ($13.74).
Several equities analysts recently commented on the company. HSBC Holdings plc cut their target price on Antofagasta plc from GBX 730 ($9.70) to GBX 720 ($9.57) and set a “reduce” rating for the company in a research report on Friday, July 14th. Citigroup Inc. restated a “buy” rating and set a GBX 1,100 ($14.62) target price on shares of Antofagasta plc in a research report on Thursday, August 24th. Peel Hunt raised their target price on Antofagasta plc from GBX 875 ($11.63) to GBX 1,000 ($13.29) and gave the stock a “hold” rating in a research report on Friday, September 22nd. Deutsche Bank AG raised their target price on Antofagasta plc from GBX 700 ($9.30) to GBX 800 ($10.63) and gave the stock a “sell” rating in a research report on Wednesday, August 23rd. Finally, Investec upgraded Antofagasta plc to a “buy” rating and raised their target price for the stock from GBX 957 ($12.72) to GBX 1,046 ($13.90) in a research report on Friday, September 29th. Nine investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 777.16 ($10.33).
The firm has a 50 day moving average price of GBX 986.49 and a 200-day moving average price of GBX 882.12. The stock’s market capitalization is GBX 9.98 billion.
The company also recently declared a dividend, which was paid on Friday, October 6th. Stockholders of record on Thursday, September 7th were paid a $0.10 dividend. This represents a dividend yield of 0.79%. The ex-dividend date was Thursday, September 7th.
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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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