Antofagasta plc 9.2% Potential Upside Indicated by Peel Hunt

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 ‘HOLD’ this morning by analysts at Peel Hunt. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Peel Hunt have set their target price at 935 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.2% from today’s opening price of 856 GBX. Over the last 30 and 90 trading days the company share price has decreased 25.2 points and decreased 87 points respectively. The 1 year 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 879.88 GBX and a 200 day moving average of 900.22. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,397,811. Market capitalisation for LON:ANTO is £8,410,146,928 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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