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Glencore PLC 8.9% Potential Upside Indicated by UBS

Glencore PLC with EPIC/TICKER (LON:GLEN) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Glencore PLC are listed in the Basic Materials sector within UK Main Market. UBS have set their target price at 300 GBX on its stock. This indicates the analyst now believes there is a potential upside of 8.9% from the opening price of 275.55 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.95 points and decreased 47.85 points respectively. The 1 year high stock price is 416.91 GBX while the 52 week low for the share price is 3.4 GBX.

Glencore PLC has a 50 day moving average of 300.38 GBX and a 200 day moving average of 334.75. There are currently 13,993,692,670 shares in issue with the average daily volume traded being 49,386,973. Market capitalisation for LON:GLEN is £38,853,486,844 GBP.