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Glencore PLC 43.9% Potential Upside Indicated by Barclays Capital

Glencore PLC with EPIC/TICKER (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 their target price at 330 GBX on its stock. This indicates the analyst now believes there is a potential upside of 43.9% from today’s opening price of 229.35 GBX. Over the last 30 and 90 trading days the company share price has decreased 39.5 points and decreased 50.6 points respectively. The 1 year high stock price is 357.12 GBX while the 52 week low is 220.36 GBX.

Glencore PLC has a 50 day moving average of 269.72 GBX and a 200 Day Moving Average share price is recorded at 293.96. There are currently 13,595,301,482 shares in issue with the average daily volume traded being 39,570,727. Market capitalisation for LON:GLEN is £31,330,371,850 GBP.