Glencore PLC 38.6% Potential Upside Indicated by Deutsche Bank

Broker Ratings

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set their target price at 240 GBX on its stock. This indicates the analyst now believes there is a potential upside of 38.6% from the opening price of 173.18 GBX. Over the last 30 and 90 trading days the company share price has increased 25.74 points and increased 36.68 points respectively. The 1 year high stock price is 282.8 GBX while the year low stock price is currently 109.76 GBX.

Glencore PLC has a 50 day moving average of 155.52 GBX and a 200 Day Moving Average share price is recorded at 209.15. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 44,138,119. Market capitalisation for LON:GLEN is £23,213,617,471 GBP.

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