Glencore PLC using EPIC/TICKER code (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Glencore PLC are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 230 GBX on its stock. This would imply the analyst believes there is a potential downside of -1.6% from today’s opening price of 233.65 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.85 points and decreased 20.45 points respectively. The 1 year high for the stock price is 357.12 GBX while the 52 week low for the stock is 212.1 GBX.
Glencore PLC has a 50 day moving average of 282.90 GBX and a 200 Day Moving Average share price is recorded at 278.31. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 36,411,596. Market capitalisation for LON:GLEN is £31,118,932,346 GBP.