Antofagasta plc 4.1% Potential Upside Indicated by RBC Capital Markets

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 ‘SECTOR PERFORMER’ this morning by analysts at RBC Capital Markets. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set a target price of 950 GBX on its stock. This now indicates the analyst believes there is a possible upside of 4.1% from the opening price of 912.6 GBX. Over the last 30 and 90 trading days the company share price has increased 108.6 points and decreased 64.8 points respectively. The 52 week high for the stock is 1026 GBX while the year low share price is currently 713.2 GBX.

Antofagasta plc has a 50 day moving average of 868.39 GBX and a 200 Day Moving Average share price is recorded at 869.15. There are currently 1,405,079,530 shares in issue with the average daily volume traded being 3,130,395. Market capitalisation for LON:ANTO is £9,070,411,734 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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