Antofagasta plc (ANTO) Given New GBX 760 Price Target at Berenberg Bank

Antofagasta plc (LON:ANTO) had its target price hoisted by Berenberg Bank from GBX 690 ($8.91) to GBX 760 ($9.82) in a research report released on Friday, September 8th, MarketBeat reports. They currently have a sell rating on the mining company’s stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank AG reissued a sell rating on shares of Antofagasta plc in a research note on Thursday, June 22nd. HSBC Holdings plc cut their target price on Antofagasta plc from GBX 730 ($9.43) to GBX 720 ($9.30) and set a reduce rating on the stock in a research note on Friday, July 14th. Barclays PLC reissued an equal weight rating and issued a GBX 790 ($10.20) target price on shares of Antofagasta plc in a research note on Friday, July 14th. Citigroup Inc. reissued a buy rating and issued a GBX 1,100 ($14.21) target price on shares of Antofagasta plc in a research note on Thursday, August 24th. Finally, Jefferies Group LLC increased their target price on Antofagasta plc from GBX 800 ($10.33) to GBX 1,000 ($12.91) and gave the stock a hold rating in a research note on Thursday, August 24th. Nine research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 755.28 ($9.75).

Antofagasta plc (LON ANTO) opened at 931.50 on Friday. The stock’s market capitalization is GBX 9.18 billion. The firm’s 50-day moving average is GBX 978.57 and its 200-day moving average is GBX 858.51. Antofagasta plc has a 12-month low of GBX 483.30 and a 12-month high of GBX 1,071.50.

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The company also recently announced a dividend, which will be paid on Friday, October 6th. Shareholders of record on Thursday, September 7th will be given a $0.10 dividend. The ex-dividend date is Thursday, September 7th. This represents a 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.

Analyst Recommendations for Antofagasta plc (LON:ANTO)

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