Antofagasta plc 10.1% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Antofagasta plc using EPIC/TICKER code (LON:ANTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 700 GBX on its stock. This is indicating the analyst believes there is a potential downside of -10.1% from today’s opening price of 778.4 GBX. Over the last 30 and 90 trading days the company share price has increased 5.4 points and decreased 78.8 points respectively. The 1 year high for the stock price is 993.8 GBX while the year low share price is currently 575 GBX.

Antofagasta plc has a 50 day moving average of 770.65 GBX and a 200 day moving average of 866.71. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,957,053. Market capitalisation for LON:ANTO is £7,966,330,101 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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