Glencore PLC (LON:GLEN) stock price target increased to 210.00GBX, issued a report today by Jefferies International
- Updated: October 13, 2016
Yesterday Glencore PLC (LON:GLEN) traded 1.25% higher at 232.63GBX. The company’s 50-day moving average is 198.74GBX and its 200-day moving average is 168.24GBX. The last closing price is up 38.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 18,957,890 shares of the stock traded hands, down from an average trading volume of 51,738,900
In a report released on 10/14/2016 Jefferies International increased the stock price target of Glencore PLC (LON:GLEN) from 180.00GBX to 210.00GBX indicating a possible downside of -0.10%.
Previously on Thursday October 06, 2016, Exane BNP Paribas reported on Glencore PLC (LON:GLEN) held steady the target price at 220.00GBX. At the time, this indicated a possible upside of 0.03%.
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Glencore PLC has a 52 week low of 69.26GBX and a 52 week high of 240.57GBX The company’s market cap is currently 0 GBX.
In addition to Jefferies International 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 a Hong Kong-based investment holding company. The Company is engaged in the sourcing, marketing, hedging and logistics businesses of metals and minerals, energy products and agriculture products, as well as the investment in related industries. The Company operates through three segments. Metals and Minerals segment is engaged in the smelting, refining, mining, processing and storage of metal and mineral products. Its metal and mineral products include zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt and iron ore. Energy Products segment is engaged in the investment in coal mining, oil production, ports, vessels and storage facilities of its products. Its energy products include crude oil, oil products, steam coal and metallurgical coal. Agriculture Products segment is engaged in the farming, storage, handling and processing of wheat, corn, barley and rice, among others.
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