Glencore PLC 17.2% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Glencore PLC with EPIC/TICKER (LON:GLEN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 280 GBX on its stock. This is indicating the analyst believes there is a potential upside of 17.2% from the opening price of 239 GBX. Over the last 30 and 90 trading days the company share price has increased 3.45 points and increased 9 points respectively. The 1 year high share price is 357.12 GBX while the 52 week low is 212.1 GBX.

Glencore PLC has a 50 day moving average of 240.93 GBX and a 200 day moving average of 268.30. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 34,486,251. Market capitalisation for LON:GLEN is £31,298,144,512 GBP.

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