Glencore PLC 3.2% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Glencore PLC with EPIC/TICKER (LON:GLEN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Credit Suisse. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Credit Suisse have set a target price of 180 GBX on its stock. This now indicates the analyst believes there is a possible upside of 3.2% from the opening price of 174.34 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.4 points and increased 38.78 points respectively. The 1 year high stock price is 282 GBX while the year low stock price is currently 109.76 GBX.

Glencore PLC has a 50 day moving average of 164.54 GBX and a 200 day moving average of 202.23. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 39,801,018. Market capitalisation for LON:GLEN is £23,101,693,734 GBP.

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