Home » Reports » Broker Ratings » Glencore PLC 24.6% Potential Upside Indicated by Credit Suisse

Glencore PLC 24.6% Potential Upside Indicated by Credit Suisse

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Credit Suisse have set their target price at 300 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 24.6% from the opening price of 240.7 GBX. Over the last 30 and 90 trading days the company share price has increased 8.5 points and increased 13.5 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 241.77 GBX and the 200 Day Moving Average price is recorded at 269.67. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 35,362,554. Market capitalisation for LON:GLEN is £32,231,511,223 GBP.

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