Glencore PLC (OTCMKTS:GLNCY) Given Average Recommendation of “Hold” by Brokerages
Shares of Glencore PLC (OTCMKTS:GLNCY) have been given an average rating of “Hold” by the thirteen analysts that are covering the company. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and four have issued a buy recommendation on the company.
Several equities analysts recently commented on GLNCY shares. Societe Generale upgraded Glencore PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd. Citigroup Inc. reiterated a “neutral” rating on shares of Glencore PLC in a research report on Monday, August 22nd. Liberum Capital upgraded Glencore PLC from a “sell” rating to a “hold” rating in a research report on Thursday, September 22nd. Credit Suisse Group AG upgraded Glencore PLC from a “neutral” rating to an “outperform” rating in a research report on Monday, September 19th. Finally, Morgan Stanley downgraded Glencore PLC from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 21st.
Glencore PLC (OTCMKTS:GLNCY) opened at 5.45 on Thursday. The company’s market cap is $38.77 billion. The stock has a 50 day moving average price of $4.97 and a 200 day moving average price of $4.45. Glencore PLC has a 1-year low of $1.95 and a 1-year high of $5.57.
Glencore PLC Company Profile
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