Antofagasta plc 9.2% Potential Decrease Indicated by UBS

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 ‘SELL’ this morning by analysts at UBS. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. UBS have set their target price at 800 GBX on its stock. This would imply the analyst believes there is a potential downside of -9.2% from the opening price of 881.4 GBX. Over the last 30 and 90 trading days the company share price has increased 71 points and decreased 31.2 points respectively. The 52 week high share price is 1026 GBX while the year low share price is currently 713.2 GBX.

Antofagasta plc has a 50 day moving average of 889.58 GBX and a 200 day moving average of 894.28. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,628,247. Market capitalisation for LON:ANTO is £8,726,796,597 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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