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Glencore PLC 5.2% Potential Upside Indicated by Goldman Sachs

Glencore PLC using EPIC/TICKER code (LON:GLEN) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 250 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.2% from today’s opening price of 237.75 GBX. Over the last 30 and 90 trading days the company share price has decreased 21.4 points and decreased 1.75 points respectively. The 1 year high stock price is 357.12 GBX while the 52 week low for the stock is 218.6 GBX.

Glencore PLC has a 50 day moving average of 285.89 GBX and the 200 Day Moving Average price is recorded at 281.77. There are currently 13,333,012,541 shares in issue with the average daily volume traded being 32,135,468. Market capitalisation for LON:GLEN is £31,732,569,847 GBP.