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Glencore PLC (LON:GLEN) stock price target held steady at 385.00GBX, issued a report today by Macquarie

In a report released on Monday June 19, 2017 Macquarie hold steady the stock price target of Glencore PLC (LON:GLEN) from 385.00GBX to 385.00GBX indicating a possible upside of 0.35%.

Previously on 6/13/2017, HSBC reported on Glencore PLC (LON:GLEN) held steady the target price at 390.00GBX. At the time, this indicated a possible upside of 0.32%.

Yesterday Glencore PLC (LON:GLEN) traded -0.63% lower at 286.00GBX. The company’s 50-day moving average is 349.19GBX and its 200-day moving average is 315.77GBX. The last closing price is down 9.75% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 31,934,734 shares of the stock traded hands, down from an average trading volume of 38,268,000

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Glencore PLC (LON:GLEN)

Glencore PLC has a 52 week low of 193.80GBX and a 52 week high of 374.70GBX with a P/E ratio of 11.87 The company’s market cap is currently 0 GBX.

In addition to Macquarie reporting its stock price target, a total of 21 brokers have issued a report on the company. The average stock price target is 2.21GBX with 4 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 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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