Antofagasta plc 24.3% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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Antofagasta plc using EPIC/TICKER code (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 a target price of 725 GBX on its stock. This now indicates the analyst believes there is a potential downside of -24.3% from the opening price of 957.4 GBX. Over the last 30 and 90 trading days the company share price has increased 52.8 points and increased 167.4 points respectively. The 52 week high for the stock is 993.8 GBX while the 52 week low is 575 GBX.

Antofagasta plc has a 50 day moving average of 882.56 GBX and a 200 Day Moving Average share price is recorded at 866.17. There are currently 1,363,067,592 shares in issue with the average daily volume traded being 1,886,003. Market capitalisation for LON:ANTO is £9,480,250,443 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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