Antofagasta plc 15.2% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Antofagasta plc using EPIC/TICKER code (LON:ANTO) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘SECTOR PERFORMER’ this morning by analysts at RBC Capital Markets. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set a target price of 760 GBX on its stock. This indicates the analyst now believes there is a potential upside of 15.2% from today’s opening price of 660 GBX. Over the last 30 and 90 trading days the company share price has decreased 217.2 points and decreased 268.6 points respectively. The 1 year high share price is 1026 GBX while the year low share price is currently 575 GBX.

Antofagasta plc has a 50 day moving average of 854.98 GBX and the 200 Day Moving Average price is recorded at 887.72. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,713,419. Market capitalisation for LON:ANTO is £7,032,773,157 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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