Liberum Capital reaffirmed their sell rating on shares of Antofagasta plc (LON:ANTO) in a research note released on Wednesday morning. Liberum Capital currently has a GBX 420 ($5.54) target price on the mining company’s stock.
A number of other brokerages have also recently commented on ANTO. Peel Hunt reissued a hold rating and issued a GBX 875 ($11.55) price objective on shares of Antofagasta plc in a research note on Friday, July 28th. Barclays PLC restated an equal weight rating and issued a GBX 790 ($10.42) target price on shares of Antofagasta plc in a report on Friday, July 14th. J P Morgan Chase & Co reduced their target price on shares of Antofagasta plc from GBX 740 ($9.77) to GBX 670 ($8.84) and set an underweight rating on the stock in a report on Wednesday, August 23rd. Macquarie restated a neutral rating and issued a GBX 930 ($12.27) target price on shares of Antofagasta plc in a report on Thursday, September 14th. Finally, HSBC Holdings plc upped their target price on shares of Antofagasta plc from GBX 720 ($9.50) to GBX 730 ($9.63) and gave the company a reduce rating in a report on Wednesday, August 23rd. Nine research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Antofagasta plc currently has a consensus rating of Hold and a consensus price target of GBX 784.79 ($10.36).
Antofagasta plc (ANTO) traded up 0.05% during trading on Wednesday, hitting GBX 986.50. 2,198,305 shares of the stock traded hands. The company’s 50 day moving average price is GBX 981.53 and its 200-day moving average price is GBX 889.79. Antofagasta plc has a 52-week low of GBX 496.30 and a 52-week high of GBX 1,071.00. The stock’s market cap is GBX 9.73 billion.
The firm also recently announced a dividend, which was paid on Friday, October 6th. Investors of record on Thursday, September 7th were given a dividend of $0.10 per share. This represents a yield of 0.79%. The ex-dividend date of this dividend was Thursday, September 7th.
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.