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Antofagasta plc 4.9% Potential Decrease Indicated by RBC Capital Markets

Antofagasta plc with EPIC/TICKER (LON:ANTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ 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 850 GBX on its stock. This would imply the analyst believes there is a potential downside of -4.9% from today’s opening price of 894 GBX. Over the last 30 and 90 trading days the company share price has decreased 36 points and increased 38 points respectively. The 52 week high for the stock is 1026 GBX while the year low share price is currently 768.8 GBX.

Antofagasta plc has a 50 day moving average of 927.58 GBX and a 200 Day Moving Average share price is recorded at 896.31. There are currently 985,856,695 shares in issue with the average daily volume traded being 2,035,752. Market capitalisation for LON:ANTO is £8,614,189,760 GBP.