Glencore PLC (OTCMKTS:GLNCY) was upgraded by Credit Suisse Group AG from a “neutral” rating to an “outperform” rating in a report released on Monday.
GLNCY has been the topic of several other reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Glencore PLC in a research report on Thursday, August 25th. Citigroup Inc. reaffirmed a “neutral” rating on shares of Glencore PLC in a research report on Thursday, September 1st. Sanford C. Bernstein reaffirmed an “overweight” rating on shares of Glencore PLC in a research report on Wednesday, May 25th. Finally, Societe Generale raised Glencore PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.00.
Shares of Glencore PLC (OTCMKTS:GLNCY) opened at 5.05 on Monday. Glencore PLC has a 52 week low of $1.95 and a 52 week high of $5.15. The stock has a 50 day moving average price of $4.87 and a 200 day moving average price of $4.38. The stock’s market capitalization is $35.92 billion.
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