Analysts Set Antofagasta plc (LON:ANTO) PT at GBX 1,454.44

Antofagasta plc (LON:ANTO – Get Rating) has earned a consensus rating of “Hold” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 1,454.44 ($18.95).

ANTO has been the subject of a number of analyst reports. Peel Hunt reissued an “add” rating and issued a GBX 1,550 ($20.20) price target on shares of Antofagasta in a research report on Wednesday, January 19th. Morgan Stanley reissued an “underweight” rating and issued a GBX 1,500 ($19.55) price target on shares of Antofagasta in a research report on Thursday. Deutsche Bank Aktiengesellschaft increased their price target on Antofagasta from GBX 1,300 ($16.94) to GBX 1,500 ($19.55) and gave the company a “hold” rating in a research report on Tuesday, April 5th. Barclays restated an “overweight” rating and issued a GBX 1,600 ($20.85) price objective on shares of Antofagasta in a research note on Monday, March 21st. Finally, Liberum Capital downgraded Antofagasta to a “sell” rating and set a GBX 1,200 ($15.64) price objective for the company. in a research note on Thursday, January 20th.

Shares of LON:ANTO opened at GBX 1,676.50 ($21.85) on Wednesday. The company has a quick ratio of 3.10, a current ratio of 3.43 and a debt-to-equity ratio of 28.77. Antofagasta has a twelve month low of GBX 1,198.50 ($15.62) and a twelve month high of GBX 1,972 ($25.70). The stock’s 50 day moving average is GBX 1,568.69 and its 200-day moving average is GBX 1,448.24. The firm has a market capitalization of £16.53 billion and a price-to-earnings ratio of 16.75.

The company also recently declared a dividend, which will be paid on Friday, May 13th. Stockholders of record on Thursday, April 21st will be issued a $1.19 dividend. This represents a dividend yield of 6.26%. This is an increase from Antofagasta’s previous dividend of $0.24. The ex-dividend date is Thursday, April 21st. Antofagasta’s dividend payout ratio is presently 0.72%.

Antofagasta Company Profile (Get Rating)

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile.

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