Antofagasta plc 20.8% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Antofagasta plc with EPIC/TICKER (LON:ANTO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning 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 730 GBX on its stock. This is indicating the analyst believes there is a potential downside of -20.8% from the opening price of 921.2 GBX. Over the last 30 and 90 trading days the company share price has increased 76.2 points and increased 77.8 points respectively. The 1 year high share price is 1026 GBX while the 52 week low is 727.6 GBX.

Antofagasta plc has a 50 day moving average of 891.36 GBX and a 200 Day Moving Average share price is recorded at 902.92. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,128,644. Market capitalisation for LON:ANTO is £9,162,902,715 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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