Credit Suisse Group AG upgraded shares of Glencore PLC (OTCMKTS:GLNCY) from a neutral rating to an outperform rating in a report issued on Monday morning.

Analyst Recommendations for Glencore PLC (OTCMKTS:GLNCY)

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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