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Antofagasta plc 11.4% Potential Upside Indicated by RBC Capital Markets

Antofagasta plc using EPIC/TICKER code (LON:ANTO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ 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 890 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.4% from the opening price of 799.2 GBX. Over the last 30 and 90 trading days the company share price has increased 40.2 points and increased 64.4 points respectively. The 52 week high for the stock is 1171.5 GBX while the 52 week low is 713.2 GBX.

Antofagasta plc has a 50 day moving average of 814.51 GBX and a 200 day moving average of 901.25. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,691,680. Market capitalisation for LON:ANTO is £7,869,523,796 GBP.