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Glencore PLC (LON:GLEN)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Monday. They currently have a GBX 360 ($6.13) price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 10.59% from the stock’s previous close.

Shares of Glencore PLC (LON:GLEN) traded up 0.44% during mid-day trading on Monday, hitting GBX 325.52. 17,601,424 shares of the company’s stock traded hands. Glencore PLC has a 52 week low of GBX 256.05 and a 52 week high of GBX 348.05. The stock has a 50-day moving average of GBX 326.0 and a 200-day moving average of GBX 320.4. The company’s market cap is £42.713 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Glencore PLC in a research note on Friday. They now have a GBX 375 ($6.39) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Glencore PLC in a research note on Tuesday, June 24th. They now have a GBX 300 ($5.11) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Glencore PLC in a research note on Monday, June 23rd. They now have a GBX 380 ($6.47) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 360.77 ($6.15).

Glencore PLC, formerly Glencore Xstrata Plc, is a diversified natural resource company. The Company operates in three segments: Metals and Minerals, which includes copper, nickel, zinc/lead, alloys, alumina/aluminum and iron ore; Energy Products, which includes controlled and non-controlled coal mining and oil production operations and investments in strategic handling, storage and freight equipment and facilities, and Agricultural Products, which focuses on grains, oils/oilseeds, cotton and sugar.

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