Glencore PLC with ticker (LON:GLEN) now has a potential upside of 26.1% according to Jefferies.
Jefferies set a target price of 550 GBX for the company, which when compared to the Glencore PLC share price of 436 GBX at opening today (26/06/2023) indicates a potential upside of 26.1%. Trading has ranged between 395 (52 week low) and 585 (52 week high) with an average of 34,180,831 shares exchanging hands daily. The market capitalisation at the time of writing is £54,212,778,451.
Glencore PLC is a Switzerland-based producer and marketer of natural resources. The Company produces and markets a diverse range of metals and minerals – such as copper, cobalt, zinc, nickel and ferroalloys – and markets aluminium/alumina and iron ore from third parties. The Company is a producer and marketer of coal, with mines in Australia, Africa and South America – and a marketer of crude oil, refined products and natural gas. The Company physically source commodities and products from its global supplier base – and sell them to customers all over the world, transporting commodities by sea, rail and truck, storing, processing, and delivering them. The Company is also involved in the recycling of copper and precious metals.
Glencore PLC 26.1% potential upside indicated by Jefferies
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Glencore plc (LON:GLEN) reports strategic gains in its 2024 Half-Year Report, featuring streamlined operations, climate action plans, and robust shareholder returns.
Glencore plc has secured approval from the Government of Canada under the Investment Canada Act to acquire a 77% interest in EVR from Teck Resources.
Discover Glencore plc's 2023 Sustainability Report, showcasing their commitment to sustainability and responsible practices in their global operations.
