GLEN has been the topic of several other research reports. Liberum Capital lowered shares of Glencore to a sell rating and increased their price target for the stock from GBX 285 ($3.94) to GBX 300 ($4.14) in a research note on Thursday, October 26th. Credit Suisse Group raised their target price on shares of Glencore from GBX 397 ($5.48) to GBX 445 ($6.15) and gave the company an outperform rating in a research note on Thursday, October 26th. Barclays raised their target price on shares of Glencore from GBX 400 ($5.53) to GBX 450 ($6.22) and gave the company an overweight rating in a research note on Monday, January 8th. Goldman Sachs Group reiterated a conviction-buy rating and issued a GBX 400 ($5.53) target price on shares of Glencore in a research note on Friday, November 24th. Finally, reiterated a buy rating and issued a GBX 420 ($5.80) target price on shares of Glencore in a research note on Monday, October 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. Glencore currently has an average rating of Buy and a consensus target price of GBX 419.45 ($5.80).
Glencore (LON GLEN) opened at GBX 396.25 ($5.47) on Wednesday. Glencore has a 12 month low of GBX 270 ($3.73) and a 12 month high of GBX 416.91 ($5.76). The company has a market cap of $57,010.00 and a price-to-earnings ratio of 1,366.38.
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Glencore 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.
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