Antofagasta plc 8.7% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings
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Antofagasta plc using EPIC/TICKER code (LON:ANTO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ 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 their target price at 820 GBX on its stock. This indicates the analyst believes there is a potential downside of -8.7% from today’s opening price of 898 GBX. Over the last 30 and 90 trading days the company share price has increased 60.6 points and increased 208.2 points respectively. The 52 week high for the share price is currently at 993.8 GBX while the year low share price is currently 575 GBX.

Antofagasta plc has a 50 day moving average of 841.84 GBX and a 200 Day Moving Average share price is recorded at 864.98. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,033,227. Market capitalisation for LON:ANTO is £8,843,431,794 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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