Antofagasta plc (LON:ANTO) has received an average rating of “Hold” from the fifteen analysts that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 953.89 ($12.46).

A number of brokerages have commented on ANTO. Citigroup restated a “buy” rating and set a GBX 1,100 ($14.37) price target (up previously from GBX 980 ($12.81)) on shares of Antofagasta in a research note on Monday, March 25th. Barclays downgraded shares of Antofagasta to an “underweight” rating and cut their price objective for the stock from GBX 800 ($10.45) to GBX 750 ($9.80) in a report on Tuesday, March 26th. HSBC downgraded shares of Antofagasta to a “reduce” rating and lifted their price objective for the stock from GBX 720 ($9.41) to GBX 790 ($10.32) in a report on Thursday, March 21st. UBS Group reaffirmed a “neutral” rating on shares of Antofagasta in a report on Thursday, January 24th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Antofagasta from GBX 840 ($10.98) to GBX 820 ($10.71) and set an “underweight” rating on the stock in a report on Thursday, January 24th.

Shares of LON:ANTO traded down GBX 20 ($0.26) during mid-day trading on Wednesday, hitting GBX 1,002.50 ($13.10). The company had a trading volume of 1,345,836 shares, compared to its average volume of 3,470,000. The firm has a market capitalization of $9.88 billion and a P/E ratio of 18.19. The company has a quick ratio of 2.19, a current ratio of 2.63 and a debt-to-equity ratio of 26.42. Antofagasta has a one year low of GBX 713.20 ($9.32) and a one year high of GBX 1,171.50 ($15.31).

The business also recently disclosed a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 25th will be given a $0.37 dividend. This represents a dividend yield of 2.88%. This is a boost from Antofagasta’s previous dividend of $0.07. The ex-dividend date of this dividend is Thursday, April 25th. Antofagasta’s dividend payout ratio is 0.60%.

Antofagasta Company Profile

Antofagasta plc, through its subsidiaries, primarily engages in the exploration, evaluation, development, and mining of copper properties in Chile. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and evaluation, and Railway and Other Transport Services segments. The company produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes.

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Analyst Recommendations for Antofagasta (LON:ANTO)

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