The Glencore PLC’s (GLEN) Hold Rating Reiterated at Liberum Capital

The Glencore PLC’s (GLEN) Hold Rating Reiterated at Liberum Capital

Other equities research analysts have also recently issued reports about the stock. AlphaValue reissued an “add” rating and set a GBX 337 ($4.33) price target on shares of Glencore PLC in a research report on Tuesday, January 31st. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 375 ($4.82) target price on shares of Glencore PLC in a report on Wednesday, February 1st. Citigroup Inc set a GBX 330 ($4.24) target price on shares of Glencore PLC and gave the company a “buy” rating in a report on Friday, February 3rd. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 380 ($4.88) target price on shares of Glencore PLC in a report on Friday, February 3rd. Finally, HSBC Holdings plc set a GBX 420 ($5.39) target price on shares of Glencore PLC and gave the company a “buy” rating in a report on Friday, February 3rd. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 343.43 ($4.41).

Glencore PLC (LON:GLEN)‘s stock had its “hold” rating restated by stock analysts at Liberum Capital in a research report issued on Wednesday, May 24th. They presently have a GBX 285 ($3.66) price objective on the natural resources company’s stock. Liberum Capital’s price objective would suggest a potential downside of 0.61% from the stock’s current price.

Shares of Glencore PLC (LON GLEN) opened at 284.70 on Wednesday. The stock has a 50 day moving average price of GBX 294.26 and a 200 day moving average price of GBX 302.95. Glencore PLC has a 12 month low of GBX 127.80 and a 12 month high of GBX 347.00. The firm’s market capitalization is GBX 40.57 billion.

Glencore PLC Company Profile

Glencore plc is an integrated producer and marketer of commodities, such as metals and minerals, energy products, agricultural products and Corporate and other. The Metals and minerals segment is engaged in copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:GLEN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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