Glencore PLC 10.9% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Glencore PLC are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 170 GBX on its stock. This now indicates the analyst believes there is a possible upside of 10.9% from the opening price of 153.24 GBX. Over the last 30 and 90 trading days the company share price has increased 29.44 points and decreased 73.61 points respectively. The 1 year high share price is 307.75 GBX while the year low stock price is currently 109.76 GBX.

Glencore PLC has a 50 day moving average of 159.05 GBX and the 200 Day Moving Average price is recorded at 221.36. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 54,986,504. Market capitalisation for LON:GLEN is £20,548,754,963 GBP.

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