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Glencore PLC (LON:GLEN) stock price target held steady at 340.00GBX, reported today by JP Morgan Cazenove

Glencore PLC (LON:GLEN) had its target hold steady to 340.00GBX by JP Morgan Cazenove in an issued report issued 5/24/2017. The updated price target indicates a possible upside of 0.18% based on the company's previous closing price.

Just yesterday Glencore PLC (LON:GLEN) traded 3.46% higher at 288.78GBX. Glencore PLC’s 50-day moving average is 362.14GBX and its 200-day moving average is 325.23GBX. The last closing price is down 15.47% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Volume of trade was up over the average, with 84,906,915 shares of GLEN changing hands over the typical 39,790,100

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Glencore PLC (LON:GLEN)

With a total market value of 0 GBX, Glencore PLC has PE ratio of 12.86 with a 52 week low of 230.60GBX and a 52 week high of 388.25GBX .

In addition to JP Morgan Cazenove reporting its stock price target, a total of 21 brokerages have released a report on Glencore PLC. The 12-month price target is 2.21GBX with four brokerages rating the company a strong buy, eight brokerages rating the company a buy, eleven brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly one brokerage rating the company a sell.

General Company Details For 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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