Antofagasta plc 14% Potential Decrease Indicated by Morgan Stanley

Broker Ratings

Antofagasta plc with EPIC/TICKER (LON:ANTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Morgan Stanley. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set a target price of 630 GBX on its stock. This indicates the analyst believes there is a potential downside of -14.0% from today’s opening price of 732.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 83.8 points and decreased 202.6 points respectively. The 1 year high for the stock price is 1026 GBX while the 52 week low for the stock is 575 GBX.

Antofagasta plc has a 50 day moving average of 828.84 GBX and the 200 Day Moving Average price is recorded at 883.20. There are currently 985,856,695 shares in issue with the average daily volume traded being 3,178,930. Market capitalisation for LON:ANTO is £7,235,404,468 GBP.

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