Glencore PLC 10% Potential Upside Indicated by Jefferies International

Broker Ratings
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Glencore PLC with EPIC/TICKER (LON:GLEN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Jefferies International. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Jefferies International have set their target price at 190 GBX on its stock. This would imply the analyst believes there is now a potential upside of 10.0% from today’s opening price of 172.68 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.06 points and increased 30.5 points respectively. The 1 year high share price is 282 GBX while the 52 week low for the stock is 109.76 GBX.

Glencore PLC has a 50 day moving average of 165.81 GBX and a 200 Day Moving Average share price is recorded at 201.48. There are currently 2,112,071,796 shares in issue with the average daily volume traded being 39,588,242. Market capitalisation for LON:GLEN is £23,072,380,083 GBP.

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