Antofagasta plc 14.7% Potential Decrease Indicated by Goldman Sachs

Broker Ratings

Antofagasta plc using EPIC/TICKER code (LON:ANTO) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 700 GBX on its stock. This would indicate that the analyst believes there is a downside of -14.7% from the opening price of 821 GBX. Over the last 30 and 90 trading days the company share price has increased 35 points and increased 40 points respectively. The 1 year high for the stock price is 1171.5 GBX while the year low share price is currently 713.2 GBX.

Antofagasta plc has a 50 day moving average of 810.22 GBX and a 200 Day Moving Average share price is recorded at 903.67. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,819,818. Market capitalisation for LON:ANTO is £8,258,522,842 GBP.

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    Antofagasta Plc reports a robust Q4 2024 with a 12% increase in copper production. CEO Iván Arriagada highlights strong cost performance.
    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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