Glencore PLC (LON:GLEN) has received a consensus rating of “Hold” from the twenty-five research firms that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 341.10 ($4.44).

Several research analysts recently weighed in on GLEN shares. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a GBX 365 ($4.75) price target (down from GBX 390 ($5.08)) on shares of Glencore PLC in a report on Tuesday, April 25th. Macquarie raised shares of Glencore PLC to an “outperform” rating and set a GBX 385 ($5.01) price objective on the stock in a research report on Monday, May 8th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 410 ($5.34) price objective on shares of Glencore PLC in a research report on Wednesday, April 19th. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 380 ($4.95) price objective on shares of Glencore PLC in a research report on Tuesday, April 18th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 285 ($3.71) price objective on shares of Glencore PLC in a research report on Wednesday, May 10th.

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Glencore PLC (LON GLEN) traded down 2.13% during trading on Friday, hitting GBX 339.80. 34,977,217 shares of the stock were exchanged. Glencore PLC has a 52 week low of GBX 171.50 and a 52 week high of GBX 348.25. The firm’s 50-day moving average is GBX 312.15 and its 200 day moving average is GBX 310.01. The firm’s market cap is GBX 48.42 billion.

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.

Analyst Recommendations for Glencore PLC (LON:GLEN)

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