Glencore PLC 11.5% Potential Upside Indicated by Goldman Sachs

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 ‘BUY’ today by analysts at Goldman Sachs. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 340 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.5% from the opening price of 305 GBX. Over the last 30 and 90 trading days the company share price has increased 13.55 points and increased 12.25 points respectively. The 1 year high for the stock price is 409.8 GBX while the 52 week low is 268.35 GBX.

Glencore PLC has a 50 day moving average of 299.19 GBX and the 200 Day Moving Average price is recorded at 321.78. There are currently 13,913,226,811 shares in issue with the average daily volume traded being 42,705,322. Market capitalisation for LON:GLEN is £43,155,031,114 GBP.

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