Antofagasta: UBS still sees potential

(CercleFinance.com) - UBS maintains its 'buy' rating on Antofagasta shares, along with its target price of 1,700 pence, which represents 5% upside potential for the Chilean mining company's stock - despite its recent revaluation.


In its summary, the broker says it still sees significant potential, judging that copper price risks remain on the upside, and that Antofagasta "offers a combination of organic growth & copper leverage".


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