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Glencore PLC (LON:GLEN) target price held steady at 180.00GBX, reported today by Jefferies International

Indicating a possible downside of -0.07%, Jefferies International held the target price of Glencore PLC (LON:GLEN) at 180GBX.

On 9/19/2016, Haitong Securities reported about Glencore PLC(LON:GLEN) lowered the target price from 194.00GBX to 190.00GBX that suggested a downside of 0.00%.

Yesterday Glencore PLC (LON:GLEN) traded 3.49% higher at 193.50GBX. Glencore PLC’s 50-day average is 186.67GBX and its 200-day average is 159.63GBX. The last stock price close is up 19.94% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Volume of trade was down over the average, with 19,244,697 shares of GLEN changing hands under the typical 51,944,000 shares..

Performance Chart:

Glencore PLC (LON:GLEN)

Glencore PLC has a 52 week low of 66.67GBX and a one-year high of 200.97GBX and has a market cap of 0.0 GBX.

Also covering Glencore PLC’s target price, a total of 21 firms have released a ratings update on the stock. The consensus target is 2.21GBX with four firms rating the stock a strong buy, eight firms rating the company a buy, 11 firms rating the stock a hold, 0 rating the stock to underperform, and lastly one firmrating the stock as sell.

Brief Synopsis About Glencore PLC (LON:GLEN)

Glencore plc is an integrated producer and marketer of natural resources, with activities in the production, refinement, processing, storage, transport and marketing of metals and minerals, energy products and agricultural products. The Company’s segments include metals and minerals, energy products, agricultural products, and corporate and other. It markets and distributes physical commodities sourced from third-party producers, as well as its own production. It also provides financing, logistics and other services to both producers and consumers of commodities. The Metals and minerals segment includes copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing. The Energy products segment includes coal and oil industrial and marketing. Its Agricultural products segment is focused on grains, oils/oilseeds, cotton and sugar. The Company caters to the industrial, automotive, steel, power generation, and oil and food processing industries.

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