Antofagasta plc (LON:ANTO)‘s stock had its “sell” rating restated by stock analysts at Liberum Capital in a research report issued on Wednesday. They presently have a GBX 400 ($5.17) price objective on the mining company’s stock. Liberum Capital’s price target suggests a potential downside of 48.55% from the company’s current price.
ANTO has been the subject of several other reports. Barclays PLC boosted their price target on Antofagasta plc from GBX 650 ($8.41) to GBX 790 ($10.22) and gave the company an “equal weight” rating in a research note on Friday, April 21st. BNP Paribas restated a “neutral” rating and issued a GBX 820 ($10.61) price target on shares of Antofagasta plc in a research note on Wednesday, March 29th. Credit Suisse Group AG boosted their price target on Antofagasta plc from GBX 530 ($6.85) to GBX 550 ($7.11) and gave the company an “underperform” rating in a research note on Thursday, January 26th. Morgan Stanley boosted their price target on Antofagasta plc from GBX 580 ($7.50) to GBX 620 ($8.02) and gave the company an “underweight” rating in a research note on Monday, February 6th. Finally, Citigroup Inc upgraded Antofagasta plc to a “buy” rating and set a GBX 870 ($11.25) price target for the company in a research note on Monday, January 23rd. Eight analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company’s stock. Antofagasta plc has a consensus rating of “Hold” and a consensus price target of GBX 708.39 ($9.16).
Shares of Antofagasta plc (LON:ANTO) opened at 776.00 on Wednesday. The company’s market cap is GBX 7.65 billion. The company has a 50 day moving average price of GBX 818.74 and a 200 day moving average price of GBX 754.72. Antofagasta plc has a 52 week low of GBX 394.50 and a 52 week high of GBX 905.41.
The firm also recently declared a dividend, which will be paid on Friday, May 26th. Stockholders of record on Thursday, April 27th will be issued a dividend of €0.15 ($0.17) per share. The ex-dividend date of this dividend is Thursday, April 27th. This represents a dividend yield of 1.6%. This is a boost from Antofagasta plc’s previous dividend of $0.10.
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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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