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Glencore PLC (LON: GLEN) received a number of ratings updates from brokerages and research firms in the last week:

  • Glencore PLC was downgraded by analysts at Bank of America to an “underperform” rating. They now have a GBX 320 ($5.37) price target on the stock.
  • Glencore PLC had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 400 ($6.71) price target on the stock.
  • Glencore PLC had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 400 ($6.71) price target on the stock.
  • Glencore PLC had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 430 ($7.21) price target on the stock.
  • Glencore PLC had its “overweight” rating reaffirmed by analysts at HSBC. They now have a GBX 430 ($7.21) price target on the stock.
  • Glencore PLC had its “neutral” rating reaffirmed by analysts at Nomura.
  • Glencore PLC had its “hold” rating reaffirmed by analysts at Investec. They now have a GBX 319 ($5.35) price target on the stock.
  • Glencore PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 300 ($5.03) price target on the stock.
  • Glencore PLC was downgraded by analysts at Credit Suisse to a “neutral” rating. They now have a GBX 380 ($6.37) price target on the stock.
  • Glencore PLC had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 400 ($6.71) price target on the stock.

Glencore PLC (LON:GLEN) opened at 360.20 on Thursday. Glencore PLC has a 52 week low of GBX 289.85 and a 52 week high of GBX 379.45. The stock has a 50-day moving average of GBX 353.1 and a 200-day moving average of GBX 329.9. The company’s market cap is £47.264 billion.

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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