Home » Reports » Broker Ratings » Glencore PLC 19.1% Potential Upside Indicated by Goldman Sachs
broker ratings

Glencore PLC 19.1% Potential Upside Indicated by Goldman Sachs

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ 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 their target price at 350 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 19.1% from today’s opening price of 293.85 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.55 points and decreased 20.25 points respectively. The 1 year high share price is 416.91 GBX while the 52 week low is 3.4 GBX.

Glencore PLC has a 50 day moving average of 294.68 GBX and the 200 Day Moving Average price is recorded at 331.86. There are currently 13,973,693,634 shares in issue with the average daily volume traded being 47,219,694. Market capitalisation for LON:GLEN is £41,425,016,483 GBP.