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

Analyst Recommendations for Glencore PLC (OTCMKTS:GLNCY)

Several other analysts also recently commented on GLNCY. Sanford C. Bernstein reissued an overweight rating on shares of Glencore PLC in a research note on Wednesday, May 25th. Citigroup Inc. reaffirmed a neutral rating on shares of Glencore PLC in a report on Monday, August 22nd. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Glencore PLC in a report on Thursday, August 25th. Finally, Societe Generale raised Glencore PLC from a hold rating to a buy rating in a report on Tuesday, August 2nd. Two research 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 has a consensus rating of Hold and an average price target of $5.00.

Glencore PLC (OTCMKTS:GLNCY) opened at 5.19 on Monday. Glencore PLC has a one year low of $1.95 and a one year high of $5.19. The firm’s market capitalization is $36.92 billion. The firm has a 50-day moving average price of $4.88 and a 200 day moving average price of $4.39.

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