Glencore PLC 33.9% Potential Upside Indicated by Barclays Capital

Broker Ratings

Glencore PLC using EPIC/TICKER code (LON:GLEN) 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 a target price of 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 33.9% from the opening price of 216.65 GBX. Over the last 30 and 90 trading days the company share price has decreased 28.85 points and decreased 39.5 points respectively. The 1 year high for the stock 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 284.41 GBX and a 200 day moving average of 280.19. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 35,581,746. Market capitalisation for LON:GLEN is £29,000,365,432 GBP.

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