Home » Reports » Broker Ratings » Antofagasta plc 6.7% Potential Decrease Indicated by JP Morgan Cazenove

Antofagasta plc 6.7% Potential Decrease Indicated by JP Morgan Cazenove

Antofagasta plc using EPIC/TICKER code (LON:ANTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 840 GBX on its stock. This now indicates the analyst believes there is a potential downside of -6.7% from today’s opening price of 900 GBX. Over the last 30 and 90 trading days the company share price has increased 102 points and decreased 97.6 points respectively. The 52 week high for the stock is 1026 GBX while the year low stock price is currently 713.2 GBX.

Antofagasta plc has a 50 day moving average of 867.71 GBX and the 200 Day Moving Average price is recorded at 870.38. There are currently 985,856,695 shares in issue with the average daily volume traded being 3,090,061. Market capitalisation for LON:ANTO is £8,854,445,854 GBP.