Jefferies Group LLC Reaffirms “Purchase” Rating for Glencore International PLC, St. Helier (GLNCY)

Jefferies Group LLC Reaffirms “Purchase” Rating for Glencore International PLC, St. Helier (GLNCY)

Jefferies Group LLC reaffirmed their buy rating on shares of Glencore International PLC, St. Helier (NASDAQ:GLNCY) in a research note released on Thursday morning.

A number of other brokerages have also recently issued reports on GLNCY. Societe Generale raised Glencore International PLC, St. Helier from a hold rating to a buy rating in a research report on Tuesday, December 13th. Zacks Investment Research raised Glencore International PLC, St. Helier from a sell rating to a buy rating and set a $6.75 target price for the company in a research report on Tuesday, October 25th. J P Morgan Chase & Co cut Glencore International PLC, St. Helier from a neutral rating to an underweight rating in a research report on Tuesday, December 13th. Citigroup Inc. upgraded Glencore International PLC, St. Helier from a neutral rating to a buy rating in a report on Monday, December 5th. Finally, Sanford C. Bernstein reiterated an overweight rating on shares of Glencore International PLC, St. Helier in a report on Saturday, January 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. Glencore International PLC, St. Helier presently has a consensus rating of Hold and an average price target of $6.75.

Shares of Glencore International PLC, St. Helier (NASDAQ:GLNCY) opened at 8.21 on Thursday. Glencore International PLC, St. Helier has a 52 week low of $2.36 and a 52 week high of $8.24. The company’s market cap is $58.40 billion. The company has a 50 day moving average of $7.29 and a 200-day moving average of $6.01.

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