Home » Reports » Glencore PLC 13.7% Potential Upside Indicated by UBS

Glencore PLC 13.7% Potential Upside Indicated by UBS

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at UBS. Glencore PLC are listed in the Basic Materials sector within UK Main Market. UBS have set a target price of 270 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.7% from the opening price of 237.5 GBX. Over the last 30 and 90 trading days the company share price has increased 18.35 points and increased 12.2 points respectively. The 1 year high for the share price is 357.12 GBX while the year low share price is currently 212.1 GBX.

Glencore PLC has a 50 day moving average of 286.97 GBX and the 200 Day Moving Average price is recorded at 272.45. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 34,823,666. Market capitalisation for LON:GLEN is £31,745,174,628 GBP.

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