Antofagasta plc 1.2% Potential Decrease Indicated by Deutsche Bank

Broker Ratings
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Antofagasta plc using EPIC/TICKER code (LON:ANTO) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at Deutsche Bank. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 820 GBX on its stock. This indicates the analyst believes there is a potential downside of -1.2% from the opening price of 829.8 GBX. Over the last 30 and 90 trading days the company share price has increased 10.6 points and increased 35.6 points respectively. The 52 week high share price is 1026 GBX while the 52 week low is 713.2 GBX.

Antofagasta plc has a 50 day moving average of 887.50 GBX and a 200 Day Moving Average share price is recorded at 885.59. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,529,088. Market capitalisation for LON:ANTO is £8,366,843,402 GBP.

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    Antofagasta PLC (LON:ANTO) reports resilient H1 2024 results with a 2% revenue increase, 5% EBITDA growth, and significant productivity improvements.

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