Glencore PLC 22.5% Potential Upside Indicated by UBS

Broker Ratings
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Glencore PLC using EPIC/TICKER code (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. Glencore PLC are listed in the Basic Materials sector within UK Main Market. UBS have set their target price at 280 GBX on its stock. This now indicates the analyst believes there is a possible upside of 22.5% from today’s opening price of 228.55 GBX. Over the last 30 and 90 trading days the company share price has decreased 13.25 points and decreased 10.2 points respectively. The 52 week high share price is 357.12 GBX while the year low share price is currently 212.1 GBX.

Glencore PLC has a 50 day moving average of 237.31 GBX and the 200 Day Moving Average price is recorded at 260.74. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 31,574,965. Market capitalisation for LON:GLEN is £30,492,690,063 GBP.

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