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Antofagasta plc 7.1% Potential Decrease Indicated by Berenberg

Antofagasta plc with EPIC/TICKER (LON:ANTO) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Antofagasta plc are listed in the Basic Materials sector within UK Main Market. Berenberg have set their target price at 865 GBX on its stock. This is indicating the analyst believes there is a potential downside of -7.1% from the opening price of 931 GBX. Over the last 30 and 90 trading days the company share price has decreased 69 points and decreased 49 points respectively. The 52 week high for the share price is currently at 1071 GBX while the 52 week low for the stock is 11.12 GBX.

Antofagasta plc has a 50 day moving average of 964.98 GBX and a 200 Day Moving Average share price is recorded at 931.19. There are currently 982,732,975 shares in issue with the average daily volume traded being 1,962,386. Market capitalisation for LON:ANTO is £9,172,829,829 GBP.