Glencore PLC (GLEN) – Research Analysts’ Recent Ratings Updates
A number of firms have modified their ratings and price targets on shares of Glencore PLC (LON: GLEN) recently:
- Glencore PLC had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 400 ($6.64) price target on the stock.
- Glencore PLC had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 430 ($7.14) price target on the stock.
- Glencore PLC had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 400 ($6.64) price target on the stock.
- Glencore PLC was upgraded by analysts at Investec to an “add” rating. They now have a GBX 380 ($6.31) price target on the stock, up previously from GBX 360 ($5.97).
Shares of Glencore PLC (LON:GLEN) opened at 372.35 on Thursday. Glencore PLC has a 1-year low of GBX 295.80 and a 1-year high of GBX 379.45. The stock’s 50-day moving average is GBX 363.7 and its 200-day moving average is GBX 333.8. The company’s market cap is £48.868 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.