Antofagasta (ANTO.L) 08-01-20
Will Antofagasta (ANTO.L) shares break out, or will it fall back again to the 783p support? (-15%)?
- Currently trading around the 930p resistance at 930.6p (at time of writing).
- The resistance has been reliable. Will the price action repeat?
- Short sellers might be interested in this key level. Will we see a return to support at 783p? (-15%).
- Be aware of news and developments. Check our website and other news channels for updates.
- Shares -9% from 12-month highs; +19% from 12 month lows.
Latest News
19 Dec: HSBC has downgraded its rating on Antofagasta (ANTO) to reduce (from hold) and increased the target price to 835p (from 820p).
17 Dec: JP Morgan Cazenove reiterates its underweight rating on Antofagasta (ANTO) and increased the target price to 780p (from 730p).
11 Dec: Barclays Capital reiterates its underweight rating on Antofagasta (ANTO) and reduced the target price to 700p (from 750p).
11 Dec: Jefferies International has downgraded its rating on Antofagasta (ANTO) to hold (from buy) and reduced the target price to 950p (from 1050p).
06 Nov: JP Morgan Cazenove reiterates its underweight rating on Antofagasta (ANTO) and reduced the target price to 730p (from 750p).
05 Nov: Goldman Sachs reiterates its neutral rating on Antofagasta (ANTO) and reduced the target price to 910p (from 925p).
05 Nov: HSBC reiterates its hold rating on Antofagasta (ANTO) and reduced the target price to 820p (from 830p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires