Antofagasta plc 23.2% Potential Decrease Indicated by Barclays Capital

Broker Ratings

Antofagasta plc with EPIC/TICKER (LON:ANTO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today 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 750 GBX on its stock. This now indicates the analyst believes there is a potential downside of -23.2% from today’s opening price of 976.6 GBX. Over the last 30 and 90 trading days the company share price has increased 42.8 points and increased 112.4 points respectively. The 1 year high share price is 1026 GBX while the year low stock price is currently 768.8 GBX.

Antofagasta plc has a 50 day moving average of 921.30 GBX and a 200 Day Moving Average share price is recorded at 897.79. There are currently 1,369,854,011 shares in issue with the average daily volume traded being 2,003,883. Market capitalisation for LON:ANTO is £9,561,244,212 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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