Glencore PLC 10.6% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Glencore PLC using EPIC/TICKER code (LON:GLEN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Glencore PLC are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set their target price at 190 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.6% from today’s opening price of 171.8 GBX. Over the last 30 and 90 trading days the company share price has increased 17.8 points and increased 49.2 points respectively. The 1 year high for the share price is 282.8 GBX while the 52 week low for the stock is 109.76 GBX.

Glencore PLC has a 50 day moving average of 157.79 GBX and a 200 Day Moving Average share price is recorded at 207.32. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 43,727,039. Market capitalisation for LON:GLEN is £22,821,882,357 GBP.

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