Home » Reports » Broker Ratings » Glencore PLC 17.8% Potential Upside Indicated by Barclays Capital

Glencore PLC 17.8% Potential Upside Indicated by Barclays Capital

Glencore PLC with EPIC/TICKER (LON:GLEN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set their target price at 285 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.8% from the opening price of 242 GBX. Over the last 30 and 90 trading days the company share price has increased 8.65 points and increased 12 points respectively. The 1 year high share price is 357.12 GBX while the 52 week low for the share price is 212.1 GBX.

Glencore PLC has a 50 day moving average of 242.11 GBX and the 200 Day Moving Average price is recorded at 270.13. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 35,276,595. Market capitalisation for LON:GLEN is £32,031,646,535 GBP.

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