Home » Reports » Glencore PLC 16.4% Potential Upside Indicated by RBC Capital Markets

Glencore PLC 16.4% Potential Upside Indicated by RBC Capital Markets

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Glencore PLC are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set a target price of 280 GBX on its stock. This would imply the analyst believes there is now a potential upside of 16.4% from the opening price of 240.45 GBX. Over the last 30 and 90 trading days the company share price has increased 3.45 points and decreased 17.55 points respectively. The 52 week high share 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 237.06 GBX and a 200 day moving average of 263.02. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 28,332,668. Market capitalisation for LON:GLEN is £31,785,147,973 GBP.

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