Glencore PLC 29.3% Potential Upside Indicated by Jefferies International

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 ‘BUY’ this morning by analysts at Jefferies International. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Jefferies International have set a target price of 385 GBX on its stock. This indicates the analyst now believes there is a potential upside of 29.3% from today’s opening price of 297.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 30.2 points and decreased 7.3 points respectively. The 1 year high stock 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 319.73 GBX and a 200 day moving average of 312.01. There are currently 3,310,180,321 shares in issue with the average daily volume traded being 39,996,387. Market capitalisation for LON:GLEN is £41,382,426,529 GBP.

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