Liberum Capital reaffirmed their hold rating on shares of Glencore PLC (LON:GLEN) in a research note issued to investors on Friday. The firm currently has a GBX 285 ($3.72) target price on the natural resources company’s stock.
GLEN has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) reissued a buy rating and set a GBX 365 ($4.77) price objective (down previously from GBX 390 ($5.09)) on shares of Glencore PLC in a research report on Tuesday, April 25th. Macquarie raised Glencore PLC to an outperform rating and set a GBX 385 ($5.03) price objective for the company in a research report on Monday, May 8th. Credit Suisse Group reissued an outperform rating and set a GBX 410 ($5.35) price objective on shares of Glencore PLC in a research report on Wednesday, April 19th. Deutsche Bank AG lifted their price objective on Glencore PLC from GBX 315 ($4.11) to GBX 355 ($4.64) and gave the company a hold rating in a research report on Friday, March 17th. Finally, Royal Bank Of Canada lifted their price objective on Glencore PLC from GBX 410 ($5.35) to GBX 450 ($5.88) and gave the company an outperform rating in a research report on Thursday, March 16th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the stock. Glencore PLC currently has an average rating of Hold and a consensus price target of GBX 341.79 ($4.46).
Glencore PLC (LON:GLEN) traded up 1.49% during trading on Friday, reaching GBX 320.80. The company had a trading volume of 27,214,972 shares. Glencore PLC has a 12 month low of GBX 167.10 and a 12 month high of GBX 347.00. The stock has a 50 day moving average price of GBX 287.90 and a 200 day moving average price of GBX 303.41. The firm’s market capitalization is GBX 45.72 billion.
COPYRIGHT VIOLATION NOTICE: This piece of content was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/2723965/glencore-plc-longlen-receives-hold-rating-from-liberum-capital.html.
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.
Receive News & Ratings for Glencore PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glencore PLC and related companies with MarketBeat.com's FREE daily email newsletter.