Antofagasta plc 25.8% Potential Decrease Indicated by Goldman Sachs

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 ‘SELL’ this morning by analysts at Goldman Sachs. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 750 GBX on its stock. This is indicating the analyst believes there is a potential downside of -25.8% from the opening price of 1011 GBX. Over the last 30 and 90 trading days the company share price has increased 82.4 points and increased 161 points respectively. The 1 year high stock price is 1171.5 GBX while the year low share price is currently 713.2 GBX.

Antofagasta plc has a 50 day moving average of 944.23 GBX and the 200 Day Moving Average price is recorded at 872.82. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,701,940. Market capitalisation for LON:ANTO is £9,899,551,444 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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