Home » Reports » Antofagasta plc 21.9% Potential Decrease Indicated by Morgan Stanley

Antofagasta plc 21.9% Potential Decrease Indicated by Morgan Stanley

Antofagasta plc using EPIC/TICKER code (LON:ANTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Morgan Stanley. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set a target price of 760 GBX on its stock. This would indicate that the analyst believes there is a downside of -21.9% from today’s opening price of 972.8 GBX. Over the last 30 and 90 trading days the company share price has increased 82.4 points and increased 194.6 points respectively. The 52 week high share price is 1010.5 GBX while the year low share price is currently 575 GBX.

Antofagasta plc has a 50 day moving average of 888.26 GBX and the 200 Day Moving Average price is recorded at 867.39. There are currently 985,856,695 shares in issue with the average daily volume traded being 1,869,483. Market capitalisation for LON:ANTO is £9,771,808,474 GBP.

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