Antofagasta (LON:ANTO) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their underweight rating on shares of Antofagasta (LON:ANTOFree Report) in a research note released on Tuesday morning, Marketbeat reports.

Other analysts have also issued reports about the company. Citigroup reissued a buy rating and set a GBX 2,100 ($26.58) price target on shares of Antofagasta in a research note on Wednesday, January 31st. Barclays reiterated an equal weight rating and set a GBX 1,270 ($16.07) target price on shares of Antofagasta in a research report on Monday, December 18th. Jefferies Financial Group reissued a hold rating and set a GBX 1,550 ($19.62) target price on shares of Antofagasta in a report on Tuesday, February 20th. Finally, Canaccord Genuity Group reaffirmed a buy rating and set a GBX 1,925 ($24.36) price target on shares of Antofagasta in a research note on Tuesday, February 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from, the stock presently has a consensus rating of Hold and an average target price of GBX 1,619.38 ($20.50).

Read Our Latest Stock Report on Antofagasta

Antofagasta Trading Up 2.2 %

LON ANTO opened at GBX 2,266 ($28.68) on Tuesday. The company has a market cap of £22.34 billion, a price-to-earnings ratio of 3,382.09, a price-to-earnings-growth ratio of -1.08 and a beta of 1.12. Antofagasta has a twelve month low of GBX 1,280 ($16.20) and a twelve month high of GBX 2,336 ($29.57). The company has a quick ratio of 2.78, a current ratio of 2.37 and a debt-to-equity ratio of 33.86. The business’s fifty day moving average is GBX 1,895.52 and its 200 day moving average is GBX 1,633.86.

Antofagasta Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 18th will be given a dividend of $0.24 per share. This represents a yield of 1.09%. The ex-dividend date is Thursday, April 18th. This is an increase from Antofagasta’s previous dividend of $0.12. Antofagasta’s dividend payout ratio is currently 4,328.36%.

Antofagasta Company Profile

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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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Analyst Recommendations for Antofagasta (LON:ANTO)

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