Share on StockTwits

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

  • Glencore PLC had its “neutral” rating reaffirmed by analysts at Nomura.
  • Glencore PLC had its price target raised by analysts at Investec from GBX 319 ($5.33) to GBX 360 ($6.02). They now have a “hold” rating on the stock.
  • Glencore PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 300 ($5.02) price target on the stock.
  • Glencore PLC had its “overweight” rating reaffirmed by analysts at Barclays.
  • Glencore PLC was downgraded by analysts at Credit Suisse to a “neutral” rating. They now have a GBX 380 ($6.35) price target on the stock.
  • Glencore PLC had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 400 ($6.69) price target on the stock.
  • Glencore PLC had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 400 ($6.69) price target on the stock.
  • Glencore PLC had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a GBX 400 ($6.69) price target on the stock.

Glencore PLC (LON:GLEN) traded up 0.46% during mid-day trading on Wednesday, hitting GBX 360.60. 30,387,516 shares of the company’s stock traded hands. Glencore PLC has a one year low of GBX 289.85 and a one year high of GBX 379.45. The stock has a 50-day moving average of GBX 357.0 and a 200-day moving average of GBX 330.9. The company’s market cap is £47.317 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.