Berenberg Bank Affirms Buy Rating for Antofagasta (ANFGF)

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Berenberg Bank reiterated a Buy recommendation for Antofagasta (OTCPK:ANFGF) on November 7, 2025. The average one-year price target is $32.40/share, a potential increase of 19.10% from its latest closing price of $27.20/share.

Projected annual revenue for Antofagasta is $6,174 million, a 17.21% decrease year-over-year. Total shares owned by institutions decreased by 12.12% over the last three months to 87,309K shares, with 303 funds reporting positions in the company.

Notable fund positions include REEAX – RBC Emerging Markets Equity Fund (6,740K shares, 0.68% ownership), TROSX – T. Rowe Price Overseas Stock Fund (6,320K shares, 0.64% ownership), and VGTSX – Vanguard Total International Stock Index Fund (4,948K shares, 0.50% ownership).

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