Glencore PLC 17.8% Potential Upside Indicated by RBC Capital Markets

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 ‘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 310 GBX on its stock. This is indicating the analyst believes there is a potential upside of 17.8% from the opening price of 263.15 GBX. Over the last 30 and 90 trading days the company share price has increased 4.65 points and decreased 58.9 points respectively. The 52 week high for the share price is currently at 372.35 GBX while the 52 week low for the share price is 249.75 GBX.

Glencore PLC has a 50 day moving average of 283.13 GBX and a 200 day moving average of 303.59. There are currently 128,656,975 shares in issue with the average daily volume traded being 42,430,529. Market capitalisation for LON:GLEN is £36,641,996,267 GBP.

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