Glencore PLC (GLNCY) Upgraded at Credit Suisse Group AG
Several other research analysts also recently commented on GLNCY. Sanford C. Bernstein reiterated an overweight rating on shares of Glencore PLC in a research note on Wednesday, May 25th. Societe Generale upgraded Glencore PLC from a hold rating to a buy rating in a research note on Tuesday, August 2nd. Citigroup Inc. reiterated a neutral rating on shares of Glencore PLC in a research note on Monday, August 22nd. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Glencore PLC in a research note on Thursday, August 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $5.00.
Shares of Glencore PLC (OTCMKTS:GLNCY) opened at 5.19 on Monday. The firm has a 50-day moving average price of $4.88 and a 200-day moving average price of $4.39. Glencore PLC has a 12 month low of $1.95 and a 12 month high of $5.19. The company’s market capitalization is $36.92 billion.
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