Antofagasta plc (ANTO) Earns “Sell” Rating from Deutsche Bank AG
Deutsche Bank AG restated their sell rating on shares of Antofagasta plc (LON:ANTO) in a research report released on Thursday morning. Deutsche Bank AG currently has a GBX 800 ($10.56) target price on the mining company’s stock.
Other equities research analysts also recently issued research reports about the company. Jefferies Group LLC increased their target price on Antofagasta plc from GBX 800 ($10.56) to GBX 1,000 ($13.20) and gave the stock a hold rating in a research report on Thursday, August 24th. Citigroup Inc. restated a buy rating and set a GBX 1,100 ($14.52) target price on shares of Antofagasta plc in a research report on Thursday, August 24th. HSBC Holdings plc dropped their target price on Antofagasta plc from GBX 730 ($9.63) to GBX 720 ($9.50) and set a reduce rating on the stock in a research report on Friday, July 14th. Barclays PLC restated an equal weight rating and set a GBX 790 ($10.42) target price on shares of Antofagasta plc in a research report on Friday, July 14th. Finally, Berenberg Bank restated a sell rating and set a GBX 650 ($8.58) target price on shares of Antofagasta plc in a research report on Wednesday, July 12th. Nine analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 784.79 ($10.36).
Antofagasta plc (LON ANTO) opened at 956.50 on Thursday. Antofagasta plc has a 1-year low of GBX 513.50 and a 1-year high of GBX 1,071.50. The company’s market cap is GBX 9.43 billion. The firm’s 50-day moving average price is GBX 977.55 and its 200-day moving average price is GBX 890.92.
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The company also recently announced a dividend, which was paid on Friday, October 6th. Investors of record on Thursday, September 7th were paid a $0.10 dividend. The ex-dividend date was Thursday, September 7th. This represents a yield of 0.79%.
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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