Antofagasta plc 22.4% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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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 Barclays Capital. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set their target price at 700 GBX on its stock. This indicates the analyst believes there is a potential downside of -22.4% from today’s opening price of 902.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.4 points and increased 6.2 points respectively. The 1 year high for the share price is 1026 GBX while the 52 week low for the share price is 727.6 GBX.

Antofagasta plc has a 50 day moving average of 891.73 GBX and a 200 day moving average of 901.80. There are currently 985,856,695 shares in issue with the average daily volume traded being 1,739,932. Market capitalisation for LON:ANTO is £8,908,730,082 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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