Glencore PLC (OTCMKTS:GLNCY) Receives Consensus Rating of “Hold” from Analysts
Glencore PLC (OTCMKTS:GLNCY) has been assigned a consensus rating of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company.
GLNCY has been the subject of several recent analyst reports. Zacks Investment Research raised Glencore PLC from a “hold” rating to a “buy” rating and set a $8.25 target price for the company in a research note on Wednesday, May 31st. Bank of America Corporation cut Glencore PLC from a “buy” rating to a “neutral” rating in a research note on Monday, June 26th.
Shares of Glencore PLC (OTCMKTS:GLNCY) traded down 2.41% during trading on Friday, hitting $8.10. The company had a trading volume of 77,881 shares. The stock has a 50-day moving average of $7.55 and a 200 day moving average of $7.72. Glencore PLC has a 12-month low of $4.46 and a 12-month high of $8.62. The stock has a market capitalization of $57.71 billion, a price-to-earnings ratio of 41.75 and a beta of 2.03.
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About Glencore PLC
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