Home » Reports » Broker Ratings » Glencore PLC 40.5% Potential Upside Indicated by Jefferies International

Glencore PLC 40.5% Potential Upside Indicated by Jefferies International

Glencore PLC using EPIC/TICKER code (LON:GLEN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Jefferies International have set their target price at 440 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 40.5% from the opening price of 313.25 GBX. Over the last 30 and 90 trading days the company share price has increased 12.9 points and increased 2.65 points respectively. The 1 year high for the share price is 416.91 GBX while the 52 week low is 3.4 GBX.

Glencore PLC has a 50 day moving average of 321.04 GBX and the 200 Day Moving Average price is recorded at 360.76. There are currently 14,169,250,620 shares in issue with the average daily volume traded being 55,212,074. Market capitalisation for LON:GLEN is £44,420,504,356 GBP.