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A report released today by Jefferies International about Glencore PLC (LON:GLEN) lowers the target price to 330.00GBX

Yesterday Glencore PLC (LON:GLEN) traded 0.77% higher at 286.00GBX. GLEN’s 50-day average is 356.32GBX and its two hundred day average is 319.21GBX. With the last stock price close down 16.16% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trade Volume was down over the average, with 4,171,677 shares of GLEN changing hands under the typical 40,343,100

Glencore PLC (LON:GLEN) had its target bumped down to 330.00GBX by Jefferies International in an issued report issued Thursday June 08, 2017. The dropped price target implies a potential upside of 0.15% based on the company's previous stock price.

Previously on 6/7/2017, Credit Suisse released a statement about Glencore PLC (LON:GLEN) reduced the target price from 410.00GBX to 390.00GBX. At the time, this indicated a possible upside of 0.37%.

Recent Performance Chart

Glencore PLC (LON:GLEN)

Glencore PLC has price-earnings ratio of 12.70 with a one year low of 227.90GBX and a 52 week high of 374.70GBX and has a market cap of 0 GBX.

In addition to Jefferies International reporting its target price, a total of 21 firms have released a research note on GLEN. The one year target is 2.21GBX with four brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, eleven brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Glencore PLC (LON:GLEN)

Glencore plc is an integrated producer and marketer of commodities, such as metals and minerals, energy products, agricultural products and Corporate and other. The Metals and minerals segment is engaged in copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing. It also has interests in industrial assets that include mining, smelting, refining and warehousing operations. Its Energy products segment includes coal mining and oil production operations and investments in strategic handling, storage and freight equipment and facilities. Its Agricultural products segment is supported by controlled and non-controlled storage, handling and processing facilities in various locations, and is focused on grains, oils/oilseeds, cotton and sugar. Its diversified operations consist of over 150 mining and metallurgical, oil production and agricultural assets.

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