GLEN has been the subject of a number of other research reports. Liberum Capital cut Glencore to a sell rating and boosted their price target for the stock from GBX 285 ($3.94) to GBX 300 ($4.14) in a report on Thursday, October 26th. Credit Suisse Group boosted their price target on Glencore from GBX 397 ($5.48) to GBX 445 ($6.15) and gave the stock an outperform rating in a report on Thursday, October 26th. Barclays boosted their price target on Glencore from GBX 400 ($5.53) to GBX 450 ($6.22) and gave the stock an overweight rating in a report on Monday, January 8th. Goldman Sachs Group restated a conviction-buy rating and set a GBX 400 ($5.53) price objective on shares of Glencore in a research report on Friday, November 24th. Finally, restated a buy rating and set a GBX 420 ($5.80) price objective on shares of Glencore in a research report on Monday, October 30th. Two equities 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’s stock. Glencore currently has a consensus rating of Buy and a consensus target price of GBX 419.45 ($5.80).
Glencore (LON:GLEN) traded down GBX 5.75 ($0.08) during trading on Thursday, hitting GBX 396.55 ($5.48). The stock had a trading volume of 25,400,000 shares, compared to its average volume of 38,110,000. Glencore has a 12 month low of GBX 270 ($3.73) and a 12 month high of GBX 416.91 ($5.76). The firm has a market cap of $57,050.00 and a PE ratio of 1,367.41.
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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