Antofagasta plc 7.5% Potential Decrease Indicated by Goldman Sachs

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 ‘NEUTRAL’ today by analysts at Goldman Sachs. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 890 GBX on its stock. This would indicate that the analyst believes there is a downside of -7.5% from today’s opening price of 962.2 GBX. Over the last 30 and 90 trading days the company share price has increased 43.8 points and increased 106.2 points respectively. The 1 year high share price is 1026 GBX while the 52 week low for the stock is 768.8 GBX.

Antofagasta plc has a 50 day moving average of 925.49 GBX and a 200 Day Moving Average share price is recorded at 897.01. There are currently 985,856,695 shares in issue with the average daily volume traded being 1,996,088. Market capitalisation for LON:ANTO is £9,321,532,602 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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