Antofagasta plc (ANTO) Price Target Raised to GBX 800 at Deutsche Bank AG
Antofagasta plc (LON:ANTO) had its price target boosted by Deutsche Bank AG from GBX 700 ($8.65) to GBX 800 ($9.88) in a research note released on Friday. Deutsche Bank AG currently has a hold rating on the mining company’s stock.
ANTO has been the topic of a number of other reports. Citigroup Inc raised shares of Antofagasta plc to a buy rating and set a GBX 870 ($10.74) target price on the stock in a research report on Monday, January 23rd. Peel Hunt upped their target price on shares of Antofagasta plc from GBX 580 ($7.16) to GBX 675 ($8.34) and gave the stock a hold rating in a research report on Wednesday, January 11th. Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 530 ($6.55) target price on shares of Antofagasta plc in a research report on Tuesday, December 13th. Jefferies Group LLC upped their target price on shares of Antofagasta plc from GBX 600 ($7.41) to GBX 700 ($8.65) and gave the stock a hold rating in a research report on Friday, January 6th. Finally, Macquarie reaffirmed a neutral rating and issued a GBX 635 ($7.84) target price on shares of Antofagasta plc in a research report on Tuesday, January 3rd. Seven equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 679.53 ($8.39).
Antofagasta plc (LON:ANTO) traded down 0.35% on Friday, hitting GBX 849.50. 2,427,387 shares of the company were exchanged. The stock’s market capitalization is GBX 8.37 billion. Antofagasta plc has a 52 week low of GBX 394.50 and a 52 week high of GBX 905.41. The company has a 50 day moving average price of GBX 825.57 and a 200-day moving average price of GBX 672.13.
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The business also recently announced a dividend, which will be paid on Friday, May 26th. Shareholders of record on Thursday, April 27th will be paid a dividend of GBX 0.15 ($0.00) per share. The ex-dividend date is Thursday, April 27th. This represents a yield of 1.6%. This is a boost from Antofagasta plc’s previous dividend of $0.10.
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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