Antofagasta plc (LON:ANTO - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,716.42 ($22.82) and traded as high as GBX 1,767.50 ($23.50). Antofagasta shares last traded at GBX 1,702 ($22.63), with a volume of 1,231,438 shares.
Analysts Set New Price Targets
ANTO has been the subject of several research analyst reports. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 2,400 ($31.91) price target on shares of Antofagasta in a research note on Friday, March 28th. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 2,125 ($28.25) target price on shares of Antofagasta in a research report on Monday, March 3rd. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 2,100 ($27.92) target price on shares of Antofagasta in a research report on Wednesday, April 16th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 2,244.29 ($29.84).
View Our Latest Stock Analysis on ANTO
Antofagasta Stock Up 0.8 %
The business's 50-day moving average is GBX 1,678.14 and its 200-day moving average is GBX 1,709.24. The company has a debt-to-equity ratio of 65.33, a quick ratio of 2.78 and a current ratio of 2.14. The firm has a market cap of £21.05 billion, a price-to-earnings ratio of 27.54, a PEG ratio of -1.08 and a beta of 1.00.
Antofagasta Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, May 12th. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.24 per share. The ex-dividend date is Thursday, April 17th. This represents a yield of 0.93%. This is a boost from Antofagasta's previous dividend of $0.08. Antofagasta's dividend payout ratio (DPR) is 41.91%.
Antofagasta Company Profile
(
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Antofagasta plc is a copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle.
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