Glencore PLC with EPIC/TICKER (LON:GLEN) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning 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 320 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.5% from today’s opening price of 328.25 GBX. Over the last 30 and 90 trading days the company share price has increased 24.25 points and increased 32.15 points respectively. The 1 year high share price is 409.8 GBX while the year low stock price is currently 268.35 GBX.
Glencore PLC has a 50 day moving average of 312.88 GBX and a 200 Day Moving Average share price is recorded at 311.83. There are currently 13,837,009,484 shares in issue with the average daily volume traded being 38,510,905. Market capitalisation for LON:GLEN is £45,074,058,394 GBP.