Glencore PLC 4.8% Potential Upside Indicated by RBC Capital Markets

Broker Ratings

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ this morning by analysts at RBC Capital Markets. Glencore PLC are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set a target price of 320 GBX on its stock. This is indicating the analyst believes there is a potential upside of 4.8% from the opening price of 305.45 GBX. Over the last 30 and 90 trading days the company share price has decreased 20.75 points and decreased 0.85 points respectively. The 52 week high share price is 409.8 GBX while the 52 week low is 268.35 GBX.

Glencore PLC has a 50 day moving average of 319.84 GBX and the 200 Day Moving Average price is recorded at 312.11. There are currently 13,803,792,417 shares in issue with the average daily volume traded being 39,448,354. Market capitalisation for LON:GLEN is £42,233,627,140 GBP.

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