Shares of Antofagasta plc (LON:ANTO) have been given an average rating of “Hold” by the eighteen brokerages that are covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 740.88 ($9.57).
A number of brokerages have recently commented on ANTO. HSBC Holdings plc dropped their price target on Antofagasta plc from GBX 730 ($9.43) to GBX 720 ($9.30) and set a “reduce” rating for the company in a research note on Friday, July 14th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 1,100 ($14.21) price target on shares of Antofagasta plc in a research note on Thursday, August 24th. Deutsche Bank AG cut Antofagasta plc to a “sell” rating and dropped their price target for the company from GBX 800 ($10.33) to GBX 700 ($9.04) in a research note on Friday, May 19th. J P Morgan Chase & Co raised their target price on Antofagasta plc from GBX 680 ($8.78) to GBX 740 ($9.56) and gave the stock an “underweight” rating in a research report on Monday, June 5th. Finally, Jefferies Group LLC raised Antofagasta plc to a “buy” rating in a research report on Thursday, August 31st.
Antofagasta plc (LON ANTO) traded down 1.75% during midday trading on Tuesday, hitting GBX 1008.00. The stock had a trading volume of 3,894,204 shares. The company’s market capitalization is GBX 9.94 billion. The company’s 50-day moving average price is GBX 975.71 and its 200 day moving average price is GBX 854.90. Antofagasta plc has a 52 week low of GBX 473.00 and a 52 week high of GBX 1,071.00.
The company also recently declared a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, September 7th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a dividend 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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