Home » Reports » Glencore PLC 9.6% Potential Upside Indicated by JP Morgan Cazenove

Glencore PLC 9.6% Potential Upside Indicated by JP Morgan Cazenove

Glencore PLC with EPIC/TICKER (LON:GLEN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Glencore PLC are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.6% from today’s opening price of 182.5 GBX. Over the last 30 and 90 trading days the company share price has increased 14.52 points and increased 47.32 points respectively. The 52 week high share price is 282 GBX while the year low share price is currently 109.76 GBX.

Glencore PLC has a 50 day moving average of 168.87 GBX and a 200 day moving average of 200.10. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 34,977,366. Market capitalisation for LON:GLEN is £24,596,681,763 GBP.

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