Glencore PLC with ticker (LON:GLEN) now has a potential upside of 31.9% according to Barclays.
Barclays set a target price of 730 GBX for the company, which when compared to the Glencore PLC share price of 497 GBX at opening today (18/05/2022) indicates a potential upside of 31.9%. Trading has ranged between 3 (52 week low) and 498 (52 week high) with an average of 60,513,716 shares exchanging hands daily. The market capitalisation at the time of writing is £64,906,463,898.
Glencore PLC is a Switzerland-based diversified natural resource company that produces and markets commodities. It operates through two business segments: Industrial segment, which is engaged in copper, zinc/lead, nickel, ferroalloys, alumina/aluminum, iron ore and silver production, as well as the Company has interests in industrial assets that include mining, smelting, refining and warehousing operations. This segment also includes coal mining and oil production operations and investments in strategic handling, storage and freight equipment and facilities; Marketing segment which is engaged in promotion and sale of produced goods worldwide.
Glencore PLC 31.9% potential upside indicated by Barclays
[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.
